Assuming the Bank Has Proper Notice,which of the Following Situations

question 83

Multiple Choice

Assuming the bank has proper notice,which of the following situations would not allow the bank to rightfully dishonor a check?

• A) the drawer's death or incompetence
• B) the check was drawn 4 months ago
• C) a court order,freezing the account
• D) a stop payment order
• E) exercise of a right of setoff

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The foregone benefit that could have been achieved from options not chosen when selecting one among several alternatives.

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Taxes assessed on real estate by local government, based on the property's value.

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The amount remaining from sales revenue after all variable expenses have been deducted.

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