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Which of the following is true about a bank's liability to a customer for the wrongful dishonor of a check?

A. If a check has not been certified, the holder has no claim against the bank for the dishonor of the check.
B. A bank can dishonor a check even if there are sufficient funds to pay it.
C. A bank is protected from liability to a customer for the damages caused by wrongful dishonor of a check.
D. Dishonor of a check is not a breach of contract even if the customer has an overdraft protection clause.

Sagot :

GinnyAnsweridn

Final answer:

Understanding a bank's liability for dishonoring a check is crucial for both customers and banking operations.


Explanation:

A bank's liability to a customer for the wrongful dishonor of a check is an important aspect of banking operations. It is crucial for customers to understand their rights in such situations. Here are the correct statements:

  1. If a check has not been certified, the holder does have a claim against the bank for the dishonor of the check.
  2. A bank cannot dishonor a check if there are sufficient funds to pay it.

Therefore, it is essential for customers to be aware of their rights and for banks to adhere to the regulations governing dishonored checks.


Learn more about banking liability for dishonored checks here:

https://brainly.com/question/44032288


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