If a Bank Wrongfully Dishonors an Authorized Check,the Bank Is

question 18

Multiple Choice

If a bank wrongfully dishonors an authorized check,the bank is:

• A) liable to the customer for all actual damages proximately caused by the dishonor.
• B) not liable to the customer for consequential damages.
• C) liable to the payee for actual and consequential damages proximately caused by the dishonor.
• D) liable to any party injured by the dishonor.

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Definitions:

Buffer Statement

A phrase or sentence used to ease into a conversation, often to soften the delivery of bad news or a sensitive topic.

Skills

Abilities or expertise acquired through practice and learning, which can be applied to perform tasks effectively.

Settlement

The resolution or agreement reached in a dispute, negotiation, or transaction, often involving the exchange of resources or terms.

Routine Message

A standard or regular form of communication that follows a set pattern or format, often used in business or professional settings.