If a bank pays a stale check in good faith without consulting the customer, the bank cannot
Question:
If a bank pays a stale check in good faith without consulting the customer, the bank cannot charge the customer’s account. (TRUE/FALSE)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Its important to note that banking laws and regulations can vary by jurisdiction and the specif...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted:
Students also viewed these Social Science questions
-
Chris, a CPA and formerly a staff accountant for a large public accounting firm, is the new controller for a small construction company that employs 60 people. The company is now facing tough times...
-
We granted certiorari in this case to address an issue of first impression in Colorado regarding whether under [UCC] 1-201(b)(20) and [UCC] 3-302, C.R.S. (2007), Colorados codification of the...
-
Suppose the city of Metropolis is experiencing a movement of its population to the suburbs. Each year 25% of the people that live in the city move to the suburbs, while only 5% of the people that...
-
A ball thrown into the air from a building 100 ft high travels along a path described by Where y is its height in feet and x is the horizontal distance from the building in feet. What is the maximum...
-
Erics Used Bookstore prepares its financial statements in accordance with IFRS. Inventory was purchased for 1 million and later marked down to 550,000. One of the books, however, was later discovered...
-
Calculate the median for each of the following sets of data: a. 2, 2, 3, 4, 6, 9,9 b. 7, 7, 8, 12, 13, 14, 17, 21, 23 c. 11, 6, 3, 14, 12, 15, 8, 10, 7 d. 9, 6, 7, 5, 8, 7, 8, 9, 10, 8, 7 e. 10, 13,...
-
Russell Retail Group begins the year with inventory of $ 55,000 and ends the year with inventory of $ 45,000. During the year, the company has four purchases for the following amounts. Purchase on...
-
Suppose the goods market is: Y = 1800 - 100i and the LM curve Y = 500 +591, where x is the last digit of your ID number. Determine the equilibrium income (Y), interest rate (i). Explain the role of...
-
If a bank receives an item payable from a customers account in which there are insufficient funds, the bank cannot pay the item.
-
Truist Banks customer agreements require a customer to promptly notify the bank of any problems with an account. The agreement also limits the banks liability for transactions by the same...
-
Loretta is a single mom with two children who works at the Montgomery County Clerks Office and earns $20,000 per year in salary. a. Compute the EITC that Loretta is qualified to receive. Use the EITC...
-
Why does message design require high-level writing skills?
-
What are the most important results that an evaluation should measure? Why?
-
This exercise is designed to help you develop an evaluation plan for your strategic communication project. First, answer these questions: 1. Why is this project being evaluated? 2. Who wants to know...
-
Why communication pathways must reflect the ways in which target publics prefer to access information.
-
Why do AVEs provide only basic information in an evaluation?
-
Identify the three payroll records usually needed by an employer.
-
Evaluate the line integral, where C is the given curve. C x 2 dx + y 2 dy, C consists of the arc of the circle x 2 + y 2 = 4 from (2, 0) to (0, 2) followed by the line segment from (0, 2) to (4, 3)
-
The 3.8 percent Medicare tax on net investment income applies to: a. Tax-exempt interest income b. Interest and dividends c. IRA distributions d. Wages
-
Describe the steps a taxpayer should go through if they do not receive a Form W-2?
-
Individual taxpayers may pay withholding taxes due with their individual income tax returns using Schedule H for each of the following workers except: a. A nanny hired to watch their children b. A...
-
The dimensions of the figure shown below are AB = 12.0 cm, BC = 6.9 cm, CD = 8.8 cm, AF = 9.3 cm and DE = 0.5*9.3 cm. The radius of the circle is r = 1.0 cm with the centre at (2,2). Step 1:...
-
A force P of magnitude 950 N is applied to the pedal shown. NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. 75 mm 300 mm 9 mm A B 5 mm 125...
-
The link length and the value of 02 for a four bar linkage are defined as follows: Link 1 = 5 in, Link 2 = 8 in, Link 3 = 8 in, Link 4 = 9 in, & 0 = 15. Draw the linkage to scale, and graphically...
Study smarter with the SolutionInn App