If a Bank Does Not Honor Funds When There Is

question 60

True/False

If a bank does not honor funds when there is a sufficient amount of funds in a drawer's account to pay a properly payable check,it is liable for wrongful dishonor.

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Definitions:

Cache Memory

A small-sized type of volatile computer memory that provides high-speed data access to a processor and stores frequently used computer programs, applications, and data.

Random Access Memory

Volatile memory in computing devices used to store working data and machine code currently in use, allowing for quick data retrieval and storage.

CPU

Central Processing Unit acts as the core unit in a computer that handles the bulk of processing activities.

Primary Circuit Board

Also known as a motherboard, it is the main printed circuit board in computers and other complex equipment, housing the CPU, memory, and other crucial components.