Essay
Oliver wrote a check to Greg Motors for $4,000 drawn on Uphill Bank in payment for a secondhand car.Greg Motors deposited the check in its account at Seventh Day Bank,which sends the check to Uphill Bank for collection.Oliver's car broke down before he reached home that evening,and he contacted his bank to stop payment on the check.Discuss what Uphill bank must do with the check to ensure a stop payment.
Correct Answer:

Verified
Uphill Bank must return the check to Sev...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q13: Small Bank mistakenly dishonors a $5,000 check
Q14: A consumer has the right to claim
Q15: While cleaning out her desk,Chen found a
Q16: Josie writes a check on January 15
Q17: The Identity Theft Penalty Enhancement Act added
Q19: A business receiving money by electronic transfer
Q20: Winston was going to be out of
Q21: If a bank uses a substitute check,it
Q22: Jodie deposits a $527 check from the
Q23: Ivan receives his June 2018 Friendly Bank