A check drawn against an account with insuffi cient funds or against a bank in which the

Question:

A check drawn against an account with insuffi cient funds or against a bank in which the drawer has no funds.

a. bad c heck

b. draft or bill of exchange

c. cashier’s c heck

d. certifi ed check

e. check

f. drawee g. drawer h. holder i. maker j. negotiability k. payee l. postdated c heck m. promissory note n. raised c heck o. stop-payment order

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Essentials Of Business Law

ISBN: 9780073377056

7th Edition

Authors: Anthony Liuzzo, Joseph Bonnice

See More Books

Question Posted: Mar 10, 2024 03:01 AM

See More Questions

Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column. a. Bad check b. Draft or bill of exchange c. Cashiers check...
A check for which the bank ensures that the drawer has suffi cient funds to make payment. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g....
The issue in this case is whether a check cashing store qualifies as a holder in due course so that it can collect on a $10,000 check written by an elderly man who was fraudulently induced to issue...
Consider a uniform plane wave having E = Ex(z, t), and H = H, (z,t), and propagating in the +z direction in a lossless dielectric medium. The time variation of Ex in a constant z-plane and the...
Newtown Propane currently has only a wholesale division and uses only equity capital; however, it is considering creating marketing and retail divisions. Its beta is currently 1.2. The marketing...
Sport climbing is becoming increasingly popular around the world and is making its Olympic debut at Tokyo in the year 2020. As a manager of a new indoor climbing gym, you see business potential in...
Although the customer loyalty project at Petrie Electronics had gone slowly at first, the past few weeks had been fast-paced and busy, Jim Watanabe, the project manager, thought to himself. He had...
Members of the board of directors of Safe Zone have received the following operating income data for the year ended May 31, 2012: Members of the board are surprised that the industrial systems...
In one month Ashton earned $800 at her part-time job, and $80 was withheld for federal income tax. Suppose she earns $1200 next month. How much will be withheld for federal income tax?
A check that bears a date later than the date on which the check was written. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder...
The party who draws a draft against another. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder i. maker j. negotiability k....
State which member of each of the following pairs of compounds is the more reactive and explain why: (a) Propane and cyclopropane. (b) Ethylene and methane. (c) Acetaldehyde and acetone.
Describe a time at your workplace or school where you were faced with an ethical situation. How did you handle the situation? Were there any consequences from your decision ? If you were faced with...
Are Procter and Gamble company current assets sufficient to cover current liabilities? What is the current ratio for the year end? How does the ratio compare with the prior year? How does your...
I am embarking on a semester-long group project and would like to set some parameters for myself. I am looking for suggestions and/or guidance in these areas: 1) Which key ethical issues could arise...
Please give an example of the contribution margin approach formula assuming that you will make $100 per unit and your variable costs are $60 per unit with Fixed Costs of $5000. What is your required...
Question 1 Many organisations measure their property plant and equipment using the historical cost method. Critically evaluate the historical cost method of measurement. Consider the advantages and...
Superheated steam at 575C is routed from a boiler to the turbine of an electric power plant through steel tubes (k = 35 W/m K) of 300 mm inner diameter and 30 mm wall thickness. To reduce heat loss...
Suppose you won a financial literacy competition and are given FJS10000 to invest, with the condition that investment can be done either in, i) Invest in Unit trust of Fiji or Invest in Fijian...
Briefly discuss why a marketing manager should think about who is likely to be involved in the buying center for a particular purchase. Is the buying center idea useful in consumer buying? Explain...
If a nonprofit hospital were planning to buy expensive MRI scanning equipment (to detect tumors), who might be involved in the buying center? Explain your answer and describe the types of influence...
Describe the situations that would lead to the use of the three different buying processes for a particular productlightweight bumpers for a pickup truck.
Smith Accounting pays Lee Young $99,000 per year. Assume that Smith's accountants are expected to work a total of 12,000 direct labor hours in 2024. Smith's estimated total indirect costs are...
On January 2, 2024, Palmer Corporation had $1,200,000 of $10 par common stock outstanding. They declare a 15% stock dividend. Prepare the entries to declare and issue the stock dividend assuming the...
Cullumber, Inc. expects sales volume totaling $420000 for June. Data for the month follows: Sales commissions 4% of sales Sales manager's salary $25200 per month Advertising expense $21000 per month...

A check drawn against an account with insuffi cient funds or against a bank in which the

Question:

Step by Step Answer:

Essentials Of Business Law

Students also viewed these Business questions