Which of the Following Is False Regarding Checks

Multiple Choice

Which of the following is false regarding checks?

A) Because of electronic fund transfers, checks are of little importance in the U.S. today.
B) In 2009, Americans wrote approximately 70 billion checks.
C) Of all the negotiable instruments regulated by the UCC, checks are the most common type used.
D) Checks are considered negotiable instruments under Article 3 of the UCC.
E) Article 4 creates a framework controlling deposit and checking agreements between banks and customers; and when Articles 3 and 4 conflict, Article 4 is to take precedence.