Which of the following constitutes constructive receipt in 2016 ?
A) A check received on December 29,2016.The check was postdated January 5,2017.
B) A check received on January 4,2017.It had been mailed on December 29,2016.
C) A rent check,received on December 31,2016,by the manager of an apartment complex.The manager normally collects rent for the owner who is out of town.
D) A salary check received at 5:30 p.m.on December 31,2016,after all banks are closed.
E) A paycheck received on December 26,2016.The check was not honored by the bank because the employer's account did not have sufficient funds
Correct Answer:
Verified
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