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Assume Doug and Eddie Both Have Checking Accounts at Local

Question 91

Multiple Choice

Assume Doug and Eddie both have checking accounts at Local Bank.On Monday morning,Eddie deposits a check from Doug written on Doug's account at Local Bank.The bank issues a provisional credit to Eddie's account.When is the check considered honored?


A) if the bank does not dishonor the check by the opening of business on Tuesday morning
B) if the bank does not dishonor the check by the opening of business on Wednesday morning
C) if the bank does not dishonor the check by the opening of business on Thursday morning
D) if the bank does not dishonor the check by the opening of business on Friday morning
E) if the bank does not dishonor the check by the close of business on Monday afternoon

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