Which of the Following Would Be Considered an Example of a Substantive

question 34

Multiple Choice

Which of the following would be considered an example of a substantive law?

• A)A federally mandated waiting period before purchasing a gun.
• B)Freedom from discrimination
• C)A statute preventing the sale of alcohol after 9:00pm
• D)Patent infringement
• E)Tariff Act of 1789

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Definitions:

Float Time

The period between when a bank check is written and when it is actually withdrawn from the payer's account, typically used to advantage cash flow.

Unauthorized Payment

A transaction made without the consent or authorization of the account holder.

Bank Statement

A document issued by a bank detailing transactions, balances, and other financial information over a period of time for a specific account.

Stale Check

A check that is not presented to a bank within six months of its date.