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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 27: Bank Deposits, Collections, and Funds Transferspart Vi: Agency
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    If Margie Makes Out a Check for $27
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If Margie Makes Out a Check for $27

Question 43

Question 43

Multiple Choice

If Margie makes out a check for $27.50 when she has only $10 in her account, her bank may:


A) bill Margie for $17.50 and a service charge.
B) refuse to pay the check.
C) pay the check.
D) Any of these are options.

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