True/False
If a bank improperly refuses to make payment of checks for which its customer has sufficient funds on deposit,it is liable to the drawer for damages sustained by the drawer in consequence of such dishonor.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: If a bank pays a check whose
Q13: Funds transfers made by businesses are governed
Q15: In a complex funds transfer, an intermediary
Q18: A bank always is liable to the
Q22: Customers are precluded from asserting unauthorized signatures
Q26: The delivery of a check is regarded
Q28: Which of the following statements is correct
Q30: A written stop payment order is effective
Q34: In the case of either a check
Q35: A bank's customer whose signature has been