menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 29: Bank Deposits,collections,and Funds Transfers
  5. Question
    Under the Competitive Equality Banking Act,a Nonlocal Check Must Clear
Solved

Under the Competitive Equality Banking Act,a Nonlocal Check Must Clear

Question 68

Question 68

True/False

Under the Competitive Equality Banking Act,a nonlocal check must clear in no more than four intervening business days.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q60: Doug takes a $500 check drawn by

Q61: Helen deposits a $50 check in her

Q62: Sylvia draws a check on ABC Bank

Q63: In most cases,the collecting bank is the

Q64: Banks like electronic funds transfers because they

Q65: If Ben Stewart has a checking account

Q66: Theresa has just started working as a

Q67: A system for electronic funds transfers (EFT)in

Q69: Which of the following is/are excluded from

Q70: Tania calls her bank to issue an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines