answersLogoWhite

0


Best Answer

It depends on which customer you are. a. The customer who issued the cheque i. As per laws if we issue a cheque without sufficient funds in our account, the person who received the cheque can raise a complaint on us and we can be jailed. But if you offer to pay the due amount to the other person then you may be forgiven. b. The customer who tried to encash the cheque i. As per laws if you are issued a cheque which was returned because of insufficient funds, you can raise a legal complaint (with the police) on the person who issued you that cheque. The law authorities would take steps to ensure that your money is returned or the person who cheated you is sufficiently punished.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are consumer rights regarding bounced checks?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What are the main points of the Consumer Credit Protection Act?

The consumer Credit Protection Act is designed to protect the customer. The main points are Consumer Rights and Warranties, Unfair Practices, Rights and Obligations and Credit Agreements.


How do consumer rights offer protection to business?

Consumer rights offer a form of consumer protection through the application of laws which dictate fair trade and faithful market exchanges. It typically prevents cases of fraud or unethical practices to gain competitive advantages. Australian consumer law gives consumers the basic rights of repair,replacement, refund and compensation (as outlined by the Australian Competition & Consumer Commission).


Government protection of consumer rights is an example of?

it is an example of a transaction between the consumers and the government.


You are being kicked out of your house that you have jointly shared with your partner for 6 years What are your rights if you have paid the mortgage jointly?

If you have proof positive that you paid half the mortgage (receipts, cancelled checks) you will have good grounds to fight the eviction.


Can someone refuse payments made by monthly checks by allowing the checks to void out after 90 days and then claim you still owe them the payments in a lump sum?

That is a highly unusual tactic.Unless you were notified in advance that they would only accept a lump sum payment.You need to check the consumer laws of your state.They probably, however can do it.If they take any legal action against you they may find themselves explaining their actions to a judge or trustee.Knowing your rights and standing up for them is your best defense. Unfortunately, yes. But hopefully, it's not common. My best friend owed an animal vet $900 when her cat died in his care. When she, a single mom, tried to make payments, he refused them and didn't cash the checks because he wanted one payment in full. They ended up in court. The judge took my friends side. He totally criticized the Vet and told him he should rethink his collection policies. Legal, yes, but not a good idea.

Related questions

What does consumer rights mean?

What does consumer rights mean? Answer soon! -Thanks!


What is consumer rights and exploitation?

Consumer rights refers to the right a consumer has in the market which needs to be protected. Consumer exploitation is when sellers take advantage of the consumers needs.


What is a system of Checks and balances?

The Bill of Rights.


What rights does a step mother have when divorced in Washington state?

A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.A step mother has no legal rights regarding her step children.


How do you make a questionnaire on consumer awareness about cars?

A sample questionnaire meant for carrying out consumer awareness would have questions to do with how well the people know about the benefits of the product. The questionnaire should also test the rights of the consumer regarding warranties and guaranties in case the products fail.


What consumer fraud lawyers are in our area?

Nationwide Consumer Rights is a law firm located in Chicago and Oak Terrace, Illinois that offers consumer rights protection and services in the Chicago area and all across the United States. The attorneys in the Nationwide Consumer Rights offices have many decades of experience dealing with consumer rights protection.


What are the slogans of consumer rights?

the life you save may be your own dont drink and drive


Where can you obtain consumer rights advice in the United Kingdom?

The United Kingdom Government official website provides information and advice about consumer rights. The Adviceguide website also provides consumer rights advice.


What is a system of checks balances?

The Bill of Rights.


What is system of checks and balance?

The Bill of Rights.


What is system of checks of balance?

The Bill of Rights.


What is the definition of consumer protection council?

A body that protects consumer rights.