Question
Dallas presents an uncertified check for payment more than six months after its date. The check was drawn by Emma on her account in First
Dallas presents an uncertified check for payment more than six months after its date. The check was drawn by Emma on her account in First Bank. If the bank follows the usual banking practice in such a case, it will
A. refuse to cash the check B. cash the check C. consult Emma D. ask Dallas what he would prefer
if a check is dishonored for insufficient funds, the bank on which the check is drawn is liable to the payee or to the holder in a civil suit
T/F
when a bank draws a check on itself the check is a negotiable instrument at the moment it is issued
T/F
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