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:

Norms

Established standards of behavior that are based on shared beliefs and values within a group or society.

Group Attractions

The factors or qualities that draw individuals to join or feel a sense of belonging within a group.

Affiliation

A connection or association with a group or organization.

Prestige

The respect, admiration, or distinction accorded to someone or something based on perceived success or quality.