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Author Question: All of the following statements is incorrect concerning stale checks except: ______. A) A check is ... (Read 99 times)

jrubin

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All of the following statements is incorrect concerning stale checks except: ______.
 A) A check is stale when dated more than six (6 ) months before presentation to the bank.
 B) Banks are required to pay stale checks unless a stop payment order has been issued.
 C) Banks can pay in good faith after three (3 ) months.
 D) Stale checks do not have to be verified with the bank's customer.

Question 2

A self-proving will carries a presumption of validity.
  Indicate whether the statement is true or false



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hollysheppard095

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Answer to Question 1

A

Answer to Question 2

TRUE




jrubin

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


jackie

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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