Udall issued a $400 check to Jackson. Udall's bank refused to pay the check when Jackson presented it, even though there were sufficient funds in Udall's account. Can Jackson sue the bank for damages for the wrongful dishonor of the check?


No. A bank that wrongfully dishonors a depositor's check is liable only to the depositor for any damages that result.

Business

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Indicate the group of words or sentence with correct capitalization. Which is correct?

A) my Aunt B) my aunt

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The Financial Accounting Standards Board is a privately funded organization with authority for establishing accounting standards for businesses in the US.

Answer the following statement true (T) or false (F)

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A budgeting method that derives the subsequent year's budget from the current year's budget is called:

A. Planning-programming-budgeting. B. Performance budgeting. C. Incremental budgeting. D. Zero-based budgeting.

Business

The arrival rate in queuing formulas is expressed as:

a. a fraction of the service rate. b. arrivals per unit of time. c. total number of arrivals. d. the average time between arrivals.

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