What happens if a payee can never get an account holder to pay a returned check?

a. there is nothing the payee can do to get payment.

b. the bank will eventually reimburse the payee.

c. the bank will waive the overdraft fee.

d. the writer of the check can be subject to criminal penalties.

Question

Business

Leanna Hoffman

24 May, 20:13

What happens if a payee can never get an account holder to pay a returned check?

a. there is nothing the payee can do to get payment.

b. the bank will eventually reimburse the payee.

c. the bank will waive the overdraft fee.

d. the writer of the check can be subject to criminal penalties.

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Answers (1)

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Draven Hopkins · Answer 1

What happens if a payee can never get an account holder to pay a returned check?

d. the writer of the check can be subject to criminal penalties

The payee can file a check against the writer for fraud.

What happens if a payee can never get an account holder to pay a returned check?a. there is nothing the payee can do to get payment.b. the bank will eventually reimburse the payee.c. the bank will waive the overdraft fee.d. the writer of the check can be subject to criminal penalties.

What happens if a payee can never get an account holder to pay a returned check?

a. there is nothing the payee can do to get payment.

b. the bank will eventually reimburse the payee.

c. the bank will waive the overdraft fee.

d. the writer of the check can be subject to criminal penalties.