A customer issues a stop-payment order when she has issued a check that has not yet been accepted and she wants the check to be accepted.
Correct Answer:
Verified
Q22: When a depositary bank receives a check,it
Q23: A written document containing the signature of
Q24: An instrument "payable on demand" is one
Q25: Which of the following is an incorrect
Q26: Check 21 allows banks to forgo sending
Q28: An order by a drawer to a
Q29: With a(n)_ instrument,payment can be made only
Q30: According to the Uniform Commercial Code,money orders
Q31: The Uniform Commercial Code prohibits bank customers
Q32: Which of the following is a substitute
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents