True/False
With a joint checking account, the bank can hold any joint-account owner liable for payment of an overdraft even if that owner did not sign the check or benefit from its proceeds.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Checks received after a certain time can
Q8: With respect to processing checks for payment,
Q9: Ridge Bank creates a paper reproduction of
Q10: Electronic banking makes it easier to issue
Q11: Erin uses e-money consisting of funds stored
Q13: Brady forges Cal's signature on a check
Q14: To avoid liability for negligence, a customer
Q15: When a bank certifies a check, the
Q16: Mara has a checking account at North
Q17: Because issuing banks must honor cashier's checks