Liu signs a check “pay to the order of Marv” drawn on Liu’s account in National Bank. Liu later orders National not to pay the check, but the bank pays it over Liu’s order. Subsequent checks written on Liu’s account “bounce.” Most likely liable for the costs to Liu is
A. any party to whom a subsequent check was written.
B. Liu.
C. Marv.
D. National.
Answer:C
Liu signs a check “pay to the order of Marv” drawn on Liu’s account in National Bank. Liu later orders National not to pay the check, but the bank pays it over Liu’s order. Subsequent checks written on Liu’s account “bounce.” Most likely liable for the costs to Liu is
A. any party to whom a subsequent check was written. B. Liu. C. Marv. D. National.