Solved

TriState Bank Agrees to Accept a Check by Setting Aside

Question 67

Multiple Choice

TriState Bank agrees to accept a check by setting aside sufficient funds to cover the amount.This check is considered

A) cashed.
B) certified.
C) deposited.
D) provisionally credited.

Related Questions

Q23: Elmo pays First National Bank $1,000 plus

Q33: Each bank in a collection chain must

Q44: The Federal Reserve System acts as a

Q50: Any local check deposited must be available

Q52: On an automated teller machine (ATM)belonging to

Q53: A customer can escape liability for failing

Q59: Gillian writes a check to Harris as

Q62: Fact Pattern 25-1Marlene loses her Neighborly Bank

Q63: Drew signs a check "pay to the

Q64: Albert buys a surround sound system from