True/False
If a bank does not honor a check when there are sufficient funds in a drawer's account to pay a properly payable check,it is liable for wrongful dishonor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q33: Drawers sometimes write checks that omit certain
Q34: Regarding the bank collection process,for an "on
Q35: When a customer opens a checking account
Q36: Assume a drawer gives an incomplete check
Q37: Certified checks never become stale.
Q39: Banks are liable for any damages caused
Q40: There are three (3)parties to an ordinary
Q41: An oral stop-payment order is effective for
Q42: Article 4 of the Uniform Commercial Code
Q43: Assuming the bank has proper notice,which of