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

question 9

True/False

If a bank pays a check in spite of a stop-payment order, the bank is liable only for amount of the actual loss suffered by the drawer because of the wrongful payment.

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Definitions:

Conscientiousness

A personality trait characterized by being diligent, careful, and organized.

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly toward others.

Narcissism

A psychological condition characterized by self-centeredness, a lack of empathy for others, and an excessive need for admiration.