If a Customer Does Not Have Sufficient Funds to Pay

question 35

True/False

If a customer does not have sufficient funds to pay a check available in his or her checking account and the bank dishonors the check,the bank is liable to the customer.

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Definitions:

Franchisers

Businesses that grant licenses to individuals or companies allowing them to operate under the franchiser's brand and sell its goods or services.

Franchising

Franchising is a method of business expansion where a company (franchisor) grants the right to an individual or group (franchisee) to do business using the franchisor's brand and operational model.