Multiple Choice
If Margie makes out a check for $27.50 when she has only $10 in her account, her bank may:
A) refuse to pay the check.
B) pay the check.
C) bill Margie for $17.50 and a service charge.
D) Any of these.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: Sylvia deposits a $50 check drawn on
Q18: If a bank receives a check on
Q37: An association of banks created for the
Q40: A substitute check:<br>A)is basically a copy of
Q43: First Bank pays a forged check on
Q44: A payment order:<br>A)is a sender's instruction to
Q45: Banking and the collection process of checks
Q47: Under Article 3 of the Code,collecting banks
Q52: MICR enables check processing without further human
Q67: A system for electronic funds transfers (EFT)in