A Written Stop Payment Order Is Only Valid for Thirty

question 40

True/False

A written stop payment order is only valid for thirty days.

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Definitions:

Writ of Certiorari

A legal term referring to a type of writ seeking judicial review, where a higher court is asked to order a lower court or agency to send the records of a case for review.

Justiciable Controversy

A dispute or case suitable for adjudication by a court, characterized by a real and substantial controversy that demands legal determination.

ADR

Alternative Dispute Resolution; methods outside the courtroom, such as mediation or arbitration, used to resolve disputes.

60 Percent

A fraction, represented as sixty out of one hundred, often used to signify a majority or a significant portion in various contexts.