True/False
The delivery of a check is regarded as an assignment of money on deposit,and the drawee bank is required to pay the holder the amount of the check.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q9: If a bank pays a check whose
Q15: In a complex funds transfer, an intermediary
Q22: The standard form of check does not
Q23: The drawee of a check is always
Q28: Which of the following statements is correct
Q30: A written stop payment order is effective
Q31: If a bank improperly refuses to make
Q43: A debit transaction occurs when a person
Q48: A tender occurs when the holder of
Q53: Ordinarily, the drawee bank is liable to