Examlex
Conceptual skills involve ________.
Unauthorized Payment
A transaction made without the consent or authorization of the account holder.
Bank Statement
A document issued by a bank detailing transactions, balances, and other financial information over a period of time for a specific account.
Stale Check
A check that is not presented to a bank within six months of its date.
Properly Payable Rule
A principle in banking law where banks are only obligated to pay checks that are correctly drawn up and meet all legal requirements.
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