Author Question: All of the following statements is incorrect concerning stale checks except: ______. A) A check is ... (Read 145 times)

jrubin · **on:** Jun 24, 2018

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