If a Bank's Payment Over a Stop-Payment Order Causes Subsequent

question 29

True/False

If a bank's payment over a stop-payment order causes subsequent checks written on the drawer's account to be returned for insufficient funds, the bank will be liable for the drawer's resulting costs.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners and has rights, privileges, and liabilities independent of those of its shareholders.

Electronic Surveillance

The monitoring of behavior, activities, or information for the purpose of gathering evidence or intelligence, using electronic devices.

Employee Claims

Legal claims made by employees against their employers, typically involving issues like discrimination, harassment, unpaid wages, or violation of labor laws.

Businesses' Justifications

The reasons or arguments businesses present to support decisions, strategies, or practices, often in response to ethical, legal, or public relations challenges.