If a Depositor in Mercury Bank Takes a Check Written

question 44

True/False

If a depositor in Mercury Bank takes a check written on Valley Bank to Mercury Bank to deposit, it will not normally be credited to his account until collected from the payor bank.

---

Definitions:

Substance Abuse

Substance Abuse involves excessive or harmful use of psychoactive substances, including drugs and alcohol, leading to addiction or other detrimental effects.

Disciplinary Actions

Measures taken by an authority to correct or guide the behavior of an individual or group, often in a professional or organizational context.

Substance Abusers

Individuals who excessively use drugs or alcohol, often resulting in addiction or harmful consequences.

Group Unity

The sense of cohesion and solidarity among members of a group, encouraging collective action and support.