menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 1
  4. Exam
    Exam 28: Banking in the Digital Age
  5. Question
    When a Customer Makes a Deposit, the Customer Becomes a Creditor
Solved

When a Customer Makes a Deposit, the Customer Becomes a Creditor

Question 15

Question 15

True/False

When a customer makes a deposit, the customer becomes a creditor, and the bank a debtor, for the amount deposited.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: Fact Pattern 28-2B (Questions B16-B18 apply)<br>Belle draws

Q11: Brendan signs a check "pay to the

Q12: Oscar buys a new HD TV from

Q13: Fact Pattern 28-1B (Questions B8 and B9

Q14: Few laws directly apply to the security

Q16: Cleo writes a check for $100 drawn

Q17: Qiara steals a check from Reese, forges

Q18: Fact Pattern 28-2B (Questions B16-B18 apply)<br>Belle draws

Q19: Kenyon steals one of Lavender's checks and

Q20: A check is a special type of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines