A Substitute Check Is a Paper Reproduction of an Original

question 34

True/False

A substitute check is a paper reproduction of an original check without all of the information required on checks for automated processing.

---

Definitions:

Contingent Liabilities

Potential obligations that may arise in the future due to past events, the occurrence and amount of which are uncertain.

Probable

A term used to describe something that is likely to occur or is likely true.