Ask Question
23 August, 12:13

True or false

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

+1
Answers (1)
  1. 23 August, 15:11
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers