If a Bank Improperly Refuses to Make Payment of Checks

question 31

True/False

If a bank improperly refuses to make payment of checks for which its customer has sufficient funds on deposit,it is liable to the drawer for damages sustained by the drawer in consequence of such dishonor.

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Definitions:

Major Organic Product

The primary product formed in the highest yield during an organic chemical reaction.

Aldol Product

The compound resulting from an aldol reaction, which involves the coupling of an aldehyde or ketone with a carbon nucleophile followed by dehydration to give a β-hydroxyaldehyde or β-hydroxyketone.

Aldol Condensation

A chemical reaction that combines two aldehyde or ketone molecules, with the loss of water, to form a larger β-hydroxy aldehyde or ketone.

Synthesis

A process where complex compounds are formed from simpler substances through a series of chemical reactions.