Nelson writes Leah a check for mowing his lawn. Leah deposits the check in her bank, but it is not paid by Nelson's bank. Leah calls Nelson to notify him that her bank returned his check to her unpaid. Leah's notice of the dishonor is insufficient; she must provide written notice.

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


False

Business

You might also like to view...

Which is a disadvantage of the direct approach to collecting perception data?

A) The criteria are influenced by the brands or stimuli being evaluated. B) The researcher must identify all the salient attributes. C) The spatial map obtained depends upon the attributes identified. D) Both B and C are disadvantages.

Business

Which of the following statements about bonds of a corporation is TRUE?

A) All bonds have a right to share in the profits of a corporation B) Bonds usually require regular payments as loans do C) Bonds always have voting rights D) All bonds can be converted to shares E) Both A and D

Business

An oral warranty made by the seller before or at the time of a sale that is contrary to the terms stated in the written warranty is not binding

Indicate whether the statement is true or false

Business

Businesses develop intranets so that valued customers have access to internal information that is not available to the general public.

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

Business