For How Long Is a Written Stop Payment Order Valid

question 32

Multiple Choice

For how long is a written stop payment order valid?

• A) One month.
• B) Six months.
• C) One year.
• D) Indefinitely.

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Definitions:

Clear Guidelines

Explicitly stated and easily understandable rules or instructions designed to direct behavior or processes.

Corrective Action

Steps taken to eliminate causes of existing nonconformities or undesirable situations to prevent recurrence.

Daniel Kahneman

A psychologist known for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the Nobel Prize in Economic Sciences.

Fast

Moving or capable of moving at high speed.