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If a Bank Pays a Check After It Is Given

Question 31

Multiple Choice

If a bank pays a check after it is given a stop-payment order and has to reimburse its customer for the improperly paid check, _____.


A) it acquires all the rights of its customer against the person to whom it originally made payment
B) it will not acquire the rights arising from the transaction on which the check was based
C) it acquires partial rights of its customer against the person to whom it originally made payment
D) the customer to whom payment was made will retain all the rights

Correct Answer:

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