Clearwater bank agrees to honour dockside boatbuilders, Ask an Expert

Management Studies

Clearwater Bank agrees to honour Dockside Boatbuilders Inc.'s checks even when its account has inadequate funds. Edna, Dockside's bookkeeper writes the checks. Later, the bank declines to pay an item payable to Fleet Supply Company that would create an overdraft. This is A) a wrongful dishonour.
B) Dockside's liability.
C) Edna's responsibility.
D) Fleet's loss

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9379497

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