Which of the Following Is True of a Bad-Check Statute

question 6

Multiple Choice

Which of the following is true of a bad-check statute?

• A)The payee does not have the obligation of informing the drawer of the nonpayment of the check.
• B)Bad-check statutes are effectively used as a means of collection.
• C)The payee can prosecute the drawer immediately after being notified of a bad check by the drawee bank.
• D)The drawee bank can prosecute the payee in case of dishonor of a check.

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