Under the ________, a Bank Has a Duty to Pay

question 47

Multiple Choice

Under the ________, a bank has a duty to pay checks from a customer's account so long as the check is properly payable.

• A) Account rule
• B) Properly payable rule
• C) Payability in fact regulation
• D) Check pay rule
• E) There is no such rule.

---

Definitions:

Reduced Mental Ability

A decrease in cognitive function that may affect memory, reasoning, and other mental activities.

Heritability

A statistic used in genetics to estimate the degree to which variation in a trait across a population is due to genetic differences among individuals.

Trait

A characteristic way of thinking, feeling, or behaving that tends to be consistent over time and across situations.

Human Characteristics

Traits, qualities, or features that are considered typical of humans, including physical, psychological, and social attributes.