If oral,a stop payment order is binding on the bank for __________ days unless confirmed in writing within that time.

Name: If oral,a stop payment order is binding on the bank for __________ days unless confirmed in writing within that time.
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Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code (UCC) section 4-303, a stop payment order for an oral communication is binding on the bank for 14 days unless the order is confirmed in writing within that period. Therefore, choice C is the correct answer.

If Oral,a Stop Payment Order Is Binding on the Bank