In Case of Honoring Checks,a Bank

question 33

Multiple Choice

In case of honoring checks,a bank:

• A)is liable to the customer for damages the customer suffers,if a bank fails to honor a check because of a mistake on its part.
• B)has a liability to the holder of the check,whether the check is certified or notified.
• C)is not under a duty to honor all checks drawn by its customers in presence of sufficient funds in the customers' accounts.
• D)cannot charge the customer's account if it creates an overdraft.

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Definitions:

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Circular, double-stranded DNA molecules found in bacteria and some yeasts, separate from chromosomal DNA, used in genetic engineering.

Prophage DNA

The DNA of a temperate bacteriophage that is integrated into the bacterial host's genome and replicates along with it without causing lysis.

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A potentially fatal illness caused by botulinum toxin, produced by the bacterium Clostridium botulinum, affecting the nervous system.