Even If the Bank Pays a Check in Spite of a Stop-Payment

question 7

True/False

Even if the bank pays a check in spite of a stop-payment order, the bank will not be obligated to recredit the customer's account.

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Definitions:

Bakke Case

A landmark decision by the U.S. Supreme Court in 1978 that ruled on the constitutionality of affirmative action policies in educational admissions processes.

Supreme Court

The highest federal court in the United States, which has the ultimate appellate jurisdiction and holds the power of judicial review.

Affirmative Action

Policies or measures that favor individuals belonging to groups known to have been discriminated against previously.

Constitutionality

The quality or state of being in accordance with the constitution, or being constitutionally valid.