Which of the following best describes a stale check?
A) A check that has been written by the drawer for a date in the future, which a bank can honor even before the date on the check
B) An incomplete check that is presented to the drawee bank for payment
C) A check that has been written by the maker dated at some point in the past, which can be paid and charged to the customer's account even at the present date
D) A check that is more than six months old for which a bank does not owe its customer a duty to pay out of the account
Correct Answer:
Verified
Q2: Which of the following is an actual
Q3: Even when a bank receives a properly
Q4: A check on which a bank is
Q5: When a bank receives a properly drawn
Q6: Which of the following sources governs the
Q8: Under the Electronic Fund Transfer Act (EFTA),
Q9: When the depositor deposits a check to
Q10: Normally, a drawee bank is not obligated
Q11: If an account is overdrawn, the customer
Q12: Revised Article 3 of the Uniform Commercial
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