In Which of the Following Cases Is an Overdraft Created

question 75

Multiple Choice

In which of the following cases is an overdraft created in a drawer's account?

• A) a properly payable check issued by the drawer is presented for payment, but the drawer's account does not have sufficient funds in it
• B) the drawer issues a stop-payment order for a check, but the bank still goes ahead and pays the holder of the check
• C) the bank pays the holder of a check in which the amount payable is altered to indicate a higher amount than was originally intended
• D) the payee presents the check after six months from the date of the check and the bank still pays the holder

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Definitions:

Desiccation

The process of extreme drying out or dehydration, which can be detrimental to living organisms as it leads to loss of moisture and can disrupt cellular and systemic functions.

Sporophyte

The diploid, spore-producing phase in the life cycle of plants that undergo alternation of generations.

Vascular Tissue

Specialized plant tissue consisting of xylem and phloem, responsible for water, nutrient transportation, and structural support.

Protected Zygote

A fertilized egg cell that is safeguarded from the external environment by physical or biochemical means.