Even if the bank pays a check in spite of a stop-payment order, the bank will not be obligated to recredit the customer's account.
Correct Answer:
Verified
Q11: A check is a special type of
Q13: In every situation involving a forged drawer's
Q14: Checks are usually three party instruments.
Q15: A bank may not charge a postdated
Q17: When receiving a stale check for payment,
Q18: If a bank pays a check in
Q19: A customer who fails to report a
Q20: When a customer makes a deposit, the
Q21: Financial institutions that exchange digital images of
Q21: Fact Pattern 28-2B (Questions B16-B18 apply)
Belle draws
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