Multiple Choice
Dhani signs a check "pay to the order of Eton" drawn on Dhani's account in Fidelity Guaranty Bank and dates the check "May 1." Eton presents the check to the bank for payment the following December 15. This is
A) an oversight.
B) an overdraft.
C) a certified check.
D) a stale check.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: An agency relationship arises between the customer
Q23: The first bank to receive a check
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Q42: A certified check is a check that
Q45: The general rule is that a bank
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Q54: When a customer deposits cash into a
Q71: A substitute check is a paper reproduction
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