Multiple Choice
Which of the following statements is correct concerning a stale check?
A) A check is stale when dated more than six (6) months before presentation to the bank, but the bank may in good faith pay the check.
B) A check is stale when dated more than one (1) year before presentation to the bank.
C) A check is stale when dated more than six (6) months before presentation to the bank, and the bank is legally prohibited from paying the check.
D) Certified checks are stale after three (3) months.
Correct Answer:
Verified
Correct Answer:
Verified
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