When a Payor Bank Gets an Item Payable from a Customer's

question 20

Multiple Choice

When a payor bank gets an item payable from a customer's account with insufficient funds, the bank may:

• A) pay the item and charge it to the customer's account even though an overdraft is created.
• B) dishonor the item and return it.
• C) Either may happen.
• D) Neither is allowed.

---

Definitions:

Disadvantages

Conditions or situations that hinder progress or reduce the ability to achieve objectives, often resulting in inequality or less favorable outcomes.

American Sociological Association's Code of Ethics

A set of guidelines and ethical standards designed to help sociologists navigate ethical dilemmas and conduct in their professional activities.

Ethics

The branch of knowledge that deals with moral principles, guiding conduct, and distinguishing between right and wrong behavior.

Action Research

A participatory research method that involves iterative analysis, action, and reflection to solve problems or improve practices with the active involvement of stakeholders.