Author Question: All of the following are correct concerning stop payment orders, except: ______. A) a stop payment ... (Read 607 times)

schs14 · **on:** Jun 24, 2018

All of the following are correct concerning stop payment orders, except: ______.
A) a stop payment order may be issued if a payee has failed to perform under a contract.
B) a stop payment order does not prevent a holder in due course from demanding payment.
C) a stop payment order is invalid for some forms of checks.
D) a stop payment order must be in writing to be effective.

Question 2

In an intestate estate, property always escheats prior to reaching the maternal and paternal grandparents.
Indicate whether the statement is true or false