When Two or More Checks Are Presented to a Bank

question 39

Multiple Choice

When two or more checks are presented to a bank for payment at the same time, and the depositor's account is insufficient to pay them all, the bank may

• A) declare all the checks automatically void.
• B) pay the checks in any order until the funds in the depositor's account run out.
• C) declare all the checks stale checks.
• D) all of these.

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Definitions:

Early Exposure

The concept of introducing a child or individual to certain stimuli or environments at a young age to influence outcomes later in life.

Public Subsidy

Financial support provided by the government to individuals, organizations, or industries to encourage activities deemed beneficial for the public.

Tuition Payment

The process of paying fees for instruction, especially at a college, university, or private school.

Nonpublic School

An educational institution that operates independently of the public school system, often funded through tuition, private grants, or religious organizations.