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A Person May Stop Payment on a Check

Question 26

Multiple Choice

A person may stop payment on a check:


A) as long as he or she is authorized to draw a check from the account in question.
B) as long as he or she is authorized to draw a check from the account in question and he or she is the party who signed the check in question.
C) as long as he or she has sufficient funds to cover any liability an erroneous stop-payment order would incur.
D) after a month of the deposit of the check.

Correct Answer:

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