Instead of Depositing an "On Them" Check for Collection, a Depositor

question 13

Multiple Choice

Instead of depositing an "on them" check for collection, a depositor can physically submit the check for payment at the payer bank. This is called ________.

• A) provisional credit
• B) indorsement of the check
• C) presentment across the counter
• D) final settlement

---

Definitions:

Constituent

A member or component of a larger system or political representative body.

Conflicts

Disagreements or disputes between parties with opposing views, interests, or goals.

Agent

An agent is an individual or entity authorized to act on behalf of another (the principal) to create legal relations with a third party.

Expressions

The ways in which thoughts, feelings, or values are conveyed through words, gestures, or art.