Marc, a customer of The Blackstone Group, mails a cheque in payment on his account on Thursday, April 13. Blackstone receives the cheque on April 17 and deposits it into the bank on April 18. The
Bank releases the funds for use on April 19. What is the length of the availability delay?
A) 1 day
B) 2 days
C) 4 days
D) 5 days
E) 6 days
Correct Answer:
Verified
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