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Which of the following is an accurate description of wrongful dishonor of a check?

A) A bank refusing to honor a properly payable check when there are sufficient funds in the drawer's account. B) A bank refusing to honor a certified check when it is presented for payment more than a year from its date of issue. C) A bank refusing to honor a check which has been outstanding for only a few days more than six months from the date of issue. D) A bank refusing to honor an ordinary check when it believes that the payee has altered the amount on the check.

Liquidity is the ability to convert an investment into cash quickly with little or no loss of value

Indicate whether the statement is true or false.