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:

Nonnegative

A term describing numbers that are greater than or equal to zero, excluding negative numbers.

A-type Steel Sheets

A classification of steel sheets, this term may refer to a specific quality, grade, or characteristic defined by a manufacturing or industry standard (assuming hypothetical; otherwise NO).

Solver

An optimization tool used in computational software that finds the maximum or minimum value of a function under given constraints.

Optimal Number

The most favorable quantity that leads to the best outcome or efficiency under given conditions.