As a courtesy to his roommate, Seth, Robert took Seth's paycheck to deposit in Seth's account. The bank may deposit the check without Seth's indorsement unless it is expressly required.
Correct Answer:
Verified
Q12: In the check collection process it is
Q13: The Electronic Fund Transfer Act prohibits a
Q14: The Electronic Fund Transfer Act of 1978
Q15: While filing for a new trial and
Q16: Jillian wrote a check for $2500 to
Q18: Any financial institution in the check clearing
Q19: The Clearinghouse Corporation is formed by correspondent
Q20: Section 4-103(1) permits the bank to vary
Q21: Tom writes a check to Marty, both
Q22: _ Banks are banks that have formed
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