Ask Question
5 October, 23:19

True or false

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

+1
Answers (1)
  1. 5 October, 23:20
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers