A Check Drawn on a Bank Is an Order to Pay

question 41

Multiple Choice

A check drawn on a bank is an order to pay a sum of money and an authorization to charge the amount to the drawer's account. The drawer may countermand this order by which of the following?

• A) A canceled check.
• B) A stop payment order.
• C) A banker's acceptance.
• D) A time draft.

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Legislation

Laws that have been enacted by a governing body or the process of making or enacting laws.

Misleading Advertising

Promotional activities that deceive or trick the audience by presenting false or exaggerated claims.

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural cities, and bilingual (English and French) heritage.

Potential Buyers

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