Stop-Payment Orders

question 73

Multiple Choice

Stop-payment orders:

• A) must be in writing in order to be effective
• B) may be oral,but are effective only for 14 days unless confirmed in writing within the 14-day period,in which case they will be effective for 6 months
• C) are effective as long as the account remains open if the order is in writing
• D) are effective for 6 months whether oral or in writing

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Definitions:

Rape Survivor

An individual who has experienced rape and is navigating the process of healing and recovery.

Balancer

A person or mechanism that maintains equilibrium or harmony among differing forces, elements, or interests.

Assertiveness

The quality of being self-assured and confident without being aggressive, enabling clear communication and the expression of needs and desires.

PTSD

Post-Traumatic Stress Disorder, a psychological condition triggered by experiencing or witnessing traumatic events, characterized by flashbacks, anxiety, and other symptoms.