A check that has been outstanding for more than three (3)months is considered "stale."
Correct Answer:
Verified
Q29: The drawer can stop payment on a
Q30: A check is a certified check when
Q31: Banks are liable for any damages caused
Q32: When a cashier's check is presented for
Q33: Certified checks can be stopped by the
Q35: When a customer opens a checking account
Q36: The purchaser of a cashier's check is
Q37: Only the drawer can order a stop-payment
Q38: Under UCC 4-401(c),to require a bank to
Q39: A cashier's check is a cancellable,non-negotiable instrument
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents