Question: While receiving a properly drawn and payable check on a person's account, which of the following circumstances requires the bank to honor the check? Question
While receiving a properly drawn and payable check on a person's account, which of the following circumstances requires the bank to honor the check?
Question Answer
a
When the check is stale
b
When there is a stop payment order
c
When there are sufficient funds in the account
d
When a postdated check is presented before the date of the check
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
