True/False
On March 14 Michael wrote checks to the electric company for $134.85 and to his dentist for $145.If both checks arrive at the bank on March 17 and Michael has only $230 in his account,the bank may choose which check to pay,or it may pay both checks even if that causes an overdraft.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Shane called his bank and asked that
Q35: Maria writes a check for $120 on
Q36: If West Side Bank pays a $350
Q37: Dan received his bank statement on Monday.On
Q38: The transferee's rights in non-negotiable commercial paper
Q40: To be negotiable an instrument need not
Q41: An oral stop payment order is valid
Q42: A "holder" of order paper can best
Q43: Which of the following can be negotiable?<br>A)
Q44: Which of the following would prevent Marcel