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First Neighborly Bank Agrees to Honor Glen's Checks Even When

Question 2

Multiple Choice

First Neighborly Bank agrees to honor Glen's checks even when his ac?count has insufficient funds.Later,the bank refuses to pay an item pay?able to Holly that would create an overdraft.The bank is


A) liable to Glen only.
B) liable to Glen and Holly.
C) liable to Holly only.
D) not liable to Glen or Holly.

Correct Answer:

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