When does a check become stale under the UCC?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
A check outstanding for longer than six months is a stale check The UCC g...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Business Law Today The Essentials Text and Summarized Cases
ISBN: 978-1305574793
11th edition
Authors: Roger LeRoy Miller
Question Posted:
Students also viewed these Business Law questions
-
When does a group of people become a team?
-
Under the UCC, what remedies does a seller have when a buyer breaches a sales contract? What remedies does a buyer have when a seller breaches a contract?
-
1. Which one of the following transactions is not governed by Article 2 of the UCC? (a) Purchasing an automobile for $35,000 (b) Leasing an automobile worth $35,000 (c) Purchasing a stereo worth $501...
-
What are the three shapes of periodic signals a function generator can produce?
-
On a summer day the air temperature is 27C and the relative humidity is 30%. Water evaporates from the surface of a lake at a rate of 0.10 kg/h per square meter of water surface area. The temperature...
-
As can easily be verified by means of the formula for the binomial distribution (or by listing all 16 possibilities), the probabilities of getting \(0,1,2,3\), or 4 red cards in four draws from a...
-
To the right of z = 0.99 Find the indicated area under the standard normal curve. If convenient, use technology to find the area.
-
Evaluating an Ethical Dilemma: Management Incentives, Revenue Recognition, and Sales with the Right of Return Symbol Technologies, Inc., was a fast-growing maker of bar-code scanners. According to...
-
Conduct investigation into current trends in healthcare using the BU Library search capabilities and any other materials/resources provided to you in the course. Discuss what you think are some of...
-
Professor Smith teaches two sections of business statistics, which combined will result in 120 final exams to be graded. Professor Smith has two graduate assistants, Brad and Sarah, who will grade...
-
What is electronic check presentment, and how does it differ from the traditional check-clearing process?
-
Who has the right to order that payment on a check be stopped?
-
What is the role of government (home country) in export activities? Explain in the context of U.S. exporters.
-
When Olga Shapiro mentioned that the financial statements were materially misstated, what kind of opinion was this?
-
An economist estimated the learning curve for the production of Tesla vehicles to be: AC = 433,094*N -0.135 where AC = average production cost and N = cumulative production. Data used was annual....
-
The financial statements below were prepared by a student intern who did not think it was important to go to accounting class. She frequently missed class and never did homework. Identify twelve (12)...
-
When do you have evidence that your message was successful? At what part of the message?
-
The frame shown in the Figure has rigid floors and is supported to quasi-static earthquake loads shown (according to AS 1170.4). Use the slope-deflection method to analyse the frame and determine the...
-
Lisa Duncan, a junior in college, has been seeking ways to earn extra spending money. As an active sports enthusiast, Lisa plays tennis regularly at the Phoenix Tennis Club, where her family has a...
-
What are bounds and what do companies do with them?
-
Train operators and other railroad personnel use signaling systems to ensure safe train travel. Reading Blue Mountain & Northern Railroad Co. (RBMN) and Norfolk Southern Railway Co.entered into a...
-
Kermit Johnson formed FB&I Building Products, Inc., in Watertown, South Dakota, to sell building materials. In December 1998, FB&I contracted with Superior Truss & Components in Minneota, Minnesota,...
-
Kermit Johnson formed FB&I Building Products, Inc., in Watertown, South Dakota, to sell building materials. In December 1998, FB&I contracted with Superior Truss & Components in Minneota, Minnesota,...
-
(i) When should a firm cut dividend pay out rate and increase retention rate to maximize share price? (ii) How can the dividend-discount model handle changing growth rates?
-
November 2021 (actual) December 2021 (budgeted) January 2022 (budgeted) Cash sales $ 80.000 Credit sales Total sales 240,000 $320,000 $100,000 360,000 $460,000 $ 60,000 180,000 $240,000 Management...
-
A firm has 200 shareholders, you among them. Each shareholder owns $20 worth of sto addition, Mr. Hostile owns 50 shares (for a firm total of 250 shares) and is trying to fi management. In an attempt...
Study smarter with the SolutionInn App