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

question 54

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:

Grammatical System

The set of structural rules governing the composition of clauses, phrases, and words in any given natural language.

Binary Oppositions

Pairs of contrasting concepts, such as light/dark or male/female, that are fundamental to some approaches in structuralist thought and analysis.

Langue

Langue is a term used in linguistics, referring to the abstract, systematic rules and conventions of a language, as opposed to parole, the actual use of language in context.

Signs

Symbols or objects that convey meaning beyond their immediate, literal sense, often used in communication.