Businesss Mathematics Eighth Edition     Miller_Salzman_Clendenen
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Web Application Chapter 4 page 158

Keyword: bounced Primary URL: www.carr.lib.md.us/stateatt/badcheck.htm

As long as businesses accept checks, bad checks will be a concern. What is a bad check? How are bad checks handled? These are some of the issues addressed in the article "Bad Check Information", found at Web site www.carr.lib.md.us/stateatt/badcheck.htm.

Answer the following true/false questions based on the article. If the answer is false, explain why.

  1. The law dealing with bad checks is found in the Annotated Code of Maryland, Article 20, Section 40 et seq.

  2. If a check has been returned and marked insufficient funds, charges may be filed immediately.

  3. Stop payment is not one of the three ways in which a violation of the bad check law can occur.

  4. The three different ways in which a violation of the law can occur are insufficient funds, closed account, and stop payment.

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