When the Drawee Bank Receives a Properly Drawn and Payable

question 51

True/False

When the drawee bank receives a properly drawn and payable check, the bank is under a duty to honor the check and charge (debit) the drawer's account the amount of the check if there are sufficient funds in the customer's checking account at the bank.

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Definitions:

Anticipating

The act of expecting or predicting future events or needs based on current trends or data.

Background Information

Preliminary data or knowledge that provides context for a new study, discussion, or analysis.

Communication Noise

Any external or internal interference that disrupts the clarity, transmission, or reception of a message.

Interrupts

Unscheduled or unexpected disturbances that break the continuity of an activity or communication flow.