If a check is properly payable, a bank should wrongfully dishonor it. a. True b. False
Question:
If a check is properly payable, a bank should wrongfully dishonor it.
a. True
b. False
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
b False If a c...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
Question Posted:
Students also viewed these Social Science questions
-
I The case * * * involves a bank check. A check is defined as a draft payable on demand and drawn on a bank. [UCC] 3204.*** The case * * * arises from Petitioners irritation with the Bank of Americas...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
1. What is different about this situation and the fictitious payee exception? 2. Evaluate this statement, UCC Article 3 does not provide protection for checks written to bad fund managers. Is it true...
-
Using the information from 2-16, create a cash flow statement for 2013. In 2-16 Bristle Brush-Off Corporation: Income Statements for Years Ended December 31 ($000s) 2013 2012 $7,950 5,100 350 750...
-
Australian Aluminum Company. a manufacturer of recyclable soft-drink cans, had the following inventory balances at the beginning and end of the current year: During the year, the company purchased...
-
What do you understand by ROC of \(z\)-transform?
-
The issuer records the first semiannual interest payment on July 1 with (a) a debit to Interest Payable for $15,000, (b) a debit to Bond Interest Expense for $22,500, or (c) a credit to Interest...
-
A thick-walled, stainless steel (AISI 316) pipe of inside and outside diameters D; = 20 mm and Do = 40 mm is heated electrically to provide a uniform heat generation rate of q = 10 6 W/m3. The outer...
-
Project X requires an initial outlay at 0 (or t=0) of $35,000. Its expected cash inflows are $8,000 per year for 9 years, and its WACC is 12%. d) Calculate the FV (Future Value) of the projects cash...
-
You will file 2022 Federal income tax return (treat all info as for year 2022not year 2021). Ignore the last paragraph of the tax return problem info (it does not apply to 2022, the book was still on...
-
A farmer purchases a pickup truck. The farmer uses the truck in the following manner: 50 percent for farming, 30 percent for family use, and 20 percent for community charity work. How will the truck...
-
The Federal Reserve Banks Regulation E limits the losses associated with the theft or loss of a debit card. a. True b. False
-
Holding other things constant, an appreciation of a nations currency causes a. exports to rise and imports to fall. b. exports to fall and imports to rise. c. both exports and imports to rise. d....
-
Thomson Company's income statement for the year ended December 31, 20X4, reported net income of $360,000. The financial statements also disclosed the following information: Depreciation $60,000...
-
Based on past experience, Maas Corporation (a U.S.-based company) expects to purchase raw materials from a foreign supplier at a cost of 1,800,000 francs on March 15, 2024. To hedge this forecasted...
-
Suppose that laws are passed banning labor unions and that resulting lower labor costs are passed along to consumers in the form of lower prices. Assume that the U.S. economy was in long-run...
-
What's wrong with the following statement? "Because the digits 0, 1, 2,....9 are the normal results from lottery drawings, such randomly selected numbers have a normal distribution." Choose the...
-
Matching Question Drag and drop various responsibilities of employers that are related to workplace values against the corresponding values. Drag and drop application. Justice Justice drop zone...
-
The long-term debt section of the balance sheet of the Queen Anne's Lace Corporation appears as follows: 9 1/4% mortgage bonds.. $2,500,000 12 3/8%% second mortgage bonds. 1,500,000 10 1/4%...
-
Trade credit from suppliers is a very costly source of funds when discounts are lost. Explain why many firms rely on this source of funds to finance their temporary working capital.
-
In which of the following cases is the employer entitled to a travel expense deduction? a. An employee, who worked in the Salt Lake City plant of a company, who is assigned to the Denver plant of the...
-
Which of the following expenses incurred while the taxpayer is away from home overnight is not included as a travel expense? a. Laundry expenses b. Transportation expenses c. Meal expenses d....
-
Joe is a selfemployed information technology consultant from San Francisco. He takes a weeklong trip to Chicago primarily for business. He takes two personal days to go to museums and see the sights...
-
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
-
Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $40,000 $50,000 Useful life...
-
4. (10 points) Valuation using Income Approach An appraiser appraises a food court and lounge and provides the following assessment: o O The building consists of 2 floors with the following (6)...
Study smarter with the SolutionInn App