Ask Question
22 June, 01:44

True or false

Writing a check on an account with insufficient funds is allowed under certain conditions?

+1
Answers (1)
  1. 22 June, 04:01
    0
    False. A bad check refers to a check that cannot be negotiated because it is drawn on a nonexistent account or one that has insufficient funds. Writing a bad check, also known as a hot check, is illegal. Banks normally charge a fee to anyone who writes a bad check unintentionally.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “True or false Writing a check on an account with insufficient funds is allowed under certain conditions? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers