Assume Doug and Eddie Both Have Checking Accounts at Local

question 91

Multiple Choice

Assume Doug and Eddie both have checking accounts at Local Bank.On Monday morning,Eddie deposits a check from Doug written on Doug's account at Local Bank.The bank issues a provisional credit to Eddie's account.When is the check considered honored?

• A) if the bank does not dishonor the check by the opening of business on Tuesday morning
• B) if the bank does not dishonor the check by the opening of business on Wednesday morning
• C) if the bank does not dishonor the check by the opening of business on Thursday morning
• D) if the bank does not dishonor the check by the opening of business on Friday morning
• E) if the bank does not dishonor the check by the close of business on Monday afternoon

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Definitions:

Fats

Organic compounds made of carbon, hydrogen, and oxygen that are a key source of energy for the body and aid in the absorption of vitamins.

Double Bond

A chemical bond between two chemical elements involving four bonding electrons instead of the usual two.

Fatty Acid

A long hydrocarbon chain with a carboxylic acid group, found in fats and oils.

Shape

In chemistry, refers to the geometric arrangement of atoms in molecules or crystal structures.