Multiple Choice
Which of the following is true for a stop-payment order to be effective?
A) The order can come up to an hour after the check has been honored.
B) The bank must receive the order in a way that gives the bank a reasonable opportunity to act.
C) The bank can receive the order after it has certified the check.
D) The order must be in a written format for the bank to be able to recognize it as the check corresponding to the stop-payment order.
Correct Answer:
Verified
Correct Answer:
Verified
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