A check drawn on a bank is an order to pay a sum of money and an authorization to charge the amount to the drawer's account.The drawer may countermand this order by which of the following?
A) A canceled check
B) A stop payment order
C) A banker's acceptance
D) A time draft
Correct Answer:
Verified
Q41: Lois takes her paycheck to Third National
Q42: A payment order:
A) is a sender's instruction
Q43: The desired effect of EFTS is to:
A)
Q44: If Valley Bank pays a check over
Q45: Sylvia deposits a $50 check drawn on
Q47: A substitute check:
A) is basically a copy
Q48: If Margie makes out a check for
Q49: Helen deposits a $50 check in her
Q50: Which of the following is/are excluded from
Q51: A system for electronic funds transfers (EFT)in
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