True/False
A stale check is one that has been outstanding for longer than six months.
Correct Answer:
Verified
Related Questions
Q3: Under the UCC, a bank is a
Q5: To transfer checkbook dollars among different banks,each
Q6: Generally, a bank has no obligation to
Q7: A drawer is liable to the holder
Q9: A bank's duty to honor its customers'
Q10: An oral stop payment order is valid
Q11: A bank is subject to a civil
Q12: A bank is never liable for failing
Q13: A bank that has certified a check
Q13: A drawee bank may be liable to
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