If a bank pays a check in spite of a stop-payment order, the bank is liable only for amount of the actual loss suffered by the drawer because of the wrongful payment
Indicate whether the statement is true or false
T
You might also like to view...
Which of the following is a security in which a saver buys the security for a given time to maturity, earning interest at the specified rate?
A. Commercial paper B. Debenture C. Government bond D. Certificates of deposit
________ consists of putting goods in boxes or trailers that are easy to transfer between two transportation modes
A) Containerization B) Haulage C) Inventory carrying D) Order processing E) Warehousing
When selecting and preparing your visual aids, keep in mind your goals as a speaker: A) to make listeners understand, remember, and act on your ideas
B) to observe your audience, adjust your delivery, and continue your presentation. C) to inform, entertain, and persuade. D) to plan and collect information, organize and rehearse, and deliver your presentation.
The Federal Consumer Credit Protection Act:
a. Sets limits on garnishment proceedings. b. Requires creditors to disclose finance charges. c. Does not yet require disclosure on credit extension charges. d. Requires creditors to disclose finance charges but does not require disclosure on credit extension charges. e. Sets limits on garnishment proceedings. and also requires creditors to disclose finance charges.