QUESTION 6 A bank's duty to honor its customers checks is absolute. True False QUESTION 7...

 

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QUESTION 6 A bank's duty to honor its customers checks is absolute. True False QUESTION 7 Certified checks are instruments that have been accepted for payment by the institutions on which they are drawn. True False QUESTION 8 A bank is not obligated to pay an uncertified check presented more than six months from its date. True False QUESTION 9 When a bank wrongfully dishonors a check, the bank is liable to the customer for damages. True False QUESTION 10 A person who signs a check and leaves the dollar amount for someone else to fill in can recover from the bank whatever amount exceeds the amount that the person intended the check to cover. True False QUESTION 6 A bank's duty to honor its customers checks is absolute. True False QUESTION 7 Certified checks are instruments that have been accepted for payment by the institutions on which they are drawn. True False QUESTION 8 A bank is not obligated to pay an uncertified check presented more than six months from its date. True False QUESTION 9 When a bank wrongfully dishonors a check, the bank is liable to the customer for damages. True False QUESTION 10 A person who signs a check and leaves the dollar amount for someone else to fill in can recover from the bank whatever amount exceeds the amount that the person intended the check to cover. True False

Answer rating: 100% (QA)

6False A banks duty to honor its customers checks is not absolute although when a bank receives an ... View the full answer