A Bank Is Permitted by Statute to Remove an Original

question 23

True/False

A bank is permitted by statute to remove an original paper check from the check collection process and send a substitute check instead.

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Definitions:

Decline

A gradual decrease in quality, quantity, or importance of something over time.

Strength

The quality or state of being physically strong, or the capacity to endure or resist challenging circumstances.

SIDS

Sudden Infant Death Syndrome, the unexplained death of a seemingly healthy baby during sleep, primarily affecting infants less than a year old.

Infant Son

A very young male child, especially one newly born to around 2 years of age.