Multiple Choice
If a bank dishonors a check for no good reason, the customer can collect from the bank
A) only the service fee charged by the bank.
B) all damages the customer suffers.
C) any damages that result from injury to the customer's reputation resulting from a bad credit rating or from being arrested and prosecuted.
D) all service fees charged by the bank and all damages the customer suffers.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: The _ enables depositors to transfer money
Q10: An oral stop-payment order is effective for
Q11: A check drawn on the bank's own
Q12: When a check is certified, the certifying
Q13: The Electronic Funds Transfer System (EFTS) allows
Q15: _ refers to the amount of time
Q16: By using checks, a business has<br>A) no
Q17: Franklin wrote a check on the Second
Q18: The drawer of a certified check cannot
Q19: Jenks requested a bank in Boston to