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Dan Signs a Check "Pay to the Order of Eton

Question 48

Multiple Choice

Dan signs a check "pay to the order of Eton" drawn on Dan's account in Fidelity Bank and dates the check "May 1." Eton presents the check to the bank for payment on December 15. This is


A) a cashier's check.
B) an overdraft.
C) a certified check.
D) a stale check.

Correct Answer:

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