Which of the following is true about debit cards?
A) They are a source of credit similar to credit cards.
B) There is usually a 2-business-day float period when they are used.
C) They generally carry a fixed credit limit similar to credit cards.
D) They result in an immediate withdrawal from the user's checking account.
Correct Answer:
Verified
Q42: The legal effect of a stale check
Q43: In order for the holder of a
Q44: A stale check is a check that:
A)
Q45: Stop-payment orders:
A) must be in writing in
Q47: Who can certify a check?
A) the drawee
B)
Q48: Which of the following statements is not
Q49: The main reason that someone would use
Q50: Which of the following statements is not
Q51: If a bank wrongfully dishonors a check,then
Q76: When the payee of a check indorses
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