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    Smith and Robersons Business Law Study Set 2
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    Exam 29: Bank Deposits, Collections, and Funds Transfers
  5. Question
    If Margie Makes Out a Check for $27
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If Margie Makes Out a Check for $27

Question 42

Question 42

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.

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