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Question
Jacob writes Phillip an uncertified check for $500 on January 1. Seven months later, Phillip presents the check at the bank. The bank pays the check in good faith without consulting Jacob. The banka. does not have the right to charge Jacob's account for $500.
b. only has the right to charge Jacob's account for $250.
c. has the right to charge Jacob's account for $500.
d. can be held liable for breach of contract.
Answer
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