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
    The Bank Is Liable to the Payee or the Holder
Solved

The Bank Is Liable to the Payee or the Holder

Question 29

Question 29

True/False

The bank is liable to the payee or the holder of check in a civil suit if a check is dishonored for insufficient funds.

Correct Answer:

verifed

Verified

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

Related Questions

Q24: Banks must pay interest based on the

Q27: If a customer's debit card is lost

Q28: Amelia writes a check to Barry on

Q31: Martha has a checking account with Homeplace

Q32: A stop-payment order is an order by

Q33: Dru signs a check "pay to the

Q34: A forged signature on a check has

Q52: Financial institutions that exchange digital images of

Q52: On an automated teller machine (ATM)belonging to

Q66: Misty's debit card, issued by National United

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