Under the Check Clearing in the 21st Century Act, a substitute check is the legal equivalent of an original check.

Question

Quizplus · Accepted Answer

The Check Clearing in the 21st Century Act (Check 21 Act) allows banks to create and exchange substitute checks, which are digital versions of original paper checks. The Check 21 Act states that substitute checks are the legal equivalent of original checks, as long as they accurately represent the information on the original check. Therefore, option A is true.

Under the Check Clearing in the 21st Century Act, a Substitute