Multiple Choice
Alice drew a check on her account at the Third National Bank payable to the order of Aaron.When Aaron presented the check for payment,Third National refused to honor the check.Under these circumstances:
A) the bank may be liable to Alice for wrongfully refusing payment if Alice has sufficient funds in her checking account to cover it.
B) the bank may be liable to Aaron for wrongfully refusing payment if Alice has sufficient funds in her checking account to cover it.
C) the bank has breached its transferor's warranties.
D) the bank will be liable to both Aaron and Alice.
Correct Answer:

Verified
Correct Answer:
Verified
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