Question
Which of the following is true of a bad-check statute? The payee does not have the obligation of informing the drawer of the nonpayment of
Which of the following is true of a bad-check statute?
The payee does not have the obligation of informing the drawer of the nonpayment of the check.
Bad-check statutes are effectively used as a means of collection.
The payee can prosecute the drawer immediately after being notified of a bad check by the drawee bank.
The drawee bank can prosecute the payee in case of dishonor of a check.
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Tort Law
Authors: Kirsty Horsey, Erika Rackley
7th Edition
019886776X, 978-0198867760
