True/False
Revised Article 3 of the Uniform Commercial Code recognizes the modern bank practice of retaining checks, and permits the bank to supply only a statement showing the item number, amount, and date of payment.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: Even when a bank receives a properly
Q20: Which of the following is a factor
Q21: The customer may give an oral stop-payment
Q22: If a drawer is negligent and contributes
Q23: The time requirements for notice of postdated
Q25: What are the different electronic funds transfer
Q26: Which of the following statements is true
Q27: Article 2 of the Uniform Commercial Code
Q28: When a bank receives a properly drawn
Q29: Which of the following statements is true