menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 2
  4. Exam
    Exam 27: Checks, the Banking System, and E-Money
  5. Question
    When a Check "Bounces," Its Holder Can Resubmit the Check
Solved

When a Check "Bounces," Its Holder Can Resubmit the Check

Question 22

Question 22

True/False

When a check "bounces," its holder can resubmit the check later, hop?ing that suf?ficient funds will be available.

Correct Answer:

verifed

Verified

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

Related Questions

Q10: Thelma signs a check "pay to the

Q20: Gaining unauthorized access to an electronic fund

Q21: On Monday,Eve deposits in her account at

Q22: First Community Bank agrees to accept a

Q24: An oral stop payment order is valid

Q25: Dina's debit card, issued by Eagle Bank,

Q27: Fact Pattern 27-1B <br>Tom draws a check,

Q33: Each bank in a collection chain must

Q33: Tiny authorizes United Bank to make transfers

Q34: A bank that has certified a check

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