Solved

Dill Issues a Check Drawn on Eagle Bank to Farm

Question 72

Multiple Choice

Dill issues a check drawn on Eagle Bank to Farm Supply Store to pay for a rototiller. Later, Dill discovers a defect in the device and orders the bank to stop payment on the check. Dill does not renew the order, and the bank clears the check eight months later. The bank


A) must recredit Dill's account.
B) must obtain funds from Farm Supply to cover the check.
C) must locate and substitute an acceptable rototiller.
D) none of the choices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions