A Bank Will Be Liable If It Charges a Customer

question 48

True/False

A bank will be liable if it charges a customer for a check that is postdated and the bank was given prior notice of the postdate.

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Definitions:

Desiccating Effect

The process or effect of removing water from something, often leading to drying out or dehydration.

Primary Challenge

An initial test or encounter designed to assess the strength, capabilities, or viability of an entity or concept.

Adapting to Life

The process by which organisms adjust to changes in their environment in order to survive and reproduce.

Bilaterally Symmetrical

An organism is bilaterally symmetrical if it can be divided into mirror-image halves along a single plane, typical of animals like humans and fish.