Kareem writes a check for $1,000 drawn on Liberty Bank and presents it to Maris.Maris presents the check for payment to Liberty Bank,which dis?hon?ors it.The party most likely liable to Maris is
A)Kareem in a civil suit.
B)Kareem in a criminal prosecution.
C)Liberty Bank in an administrative proceeding.
D)the Federal Reserve.

Question

Quizplus · Accepted Answer

Kareem is responsible for making sure the check is valid and has sufficient funds to cover it. Since Liberty Bank has dishonored it, Maris can go after Kareem in a civil suit to try and recover the money.

Kareem Writes a Check for $1,000 Drawn on Liberty Bank