Multiple Choice
While receiving a properly drawn and payable check on a person's account,which of the following circumstances make it a necessity for the bank to honor the check?
A) When the check is stale.
B) When there are sufficient funds in the account.
C) When there is a stop payment order.
D) When a postdated check is presented before the date of the check.
Correct Answer:
Verified
Correct Answer:
Verified
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