Examlex

Solved

A Check Returned by the Bank Marked "NSF" Means

question 143

Multiple Choice

A check returned by the bank marked "NSF" means


Definitions:

Wrongfully Refuses

Refers to an unjust or unauthorized act of denying or rejecting something that is due or deserved.

Action For Damages

A legal proceeding initiated to seek compensation for harm or loss suffered due to another's negligence or wrongful act.

Market Prices

The current prices at which goods and services can be bought or sold in a marketplace.

Reasonable Grounds

Justifiable reasons based on facts or evidence that would lead a reasonable person to a certain conclusion.

Related Questions