All of the Following Statements Is Incorrect Concerning Stale Checks

question 29

Multiple Choice

All of the following statements is incorrect concerning stale checks except: ______.

• A) A check is stale when dated more than six (6) months before presentation to the bank.
• B) Banks are required to pay stale checks unless a stop payment order has been issued.
• C) Banks can pay in good faith after three (3) months.
• D) Stale checks do not have to be verified with the bank's customer.

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Definitions:

Elder Abusers

Individuals who subject elderly people to mistreatment, harm, or exploitation.

Caregivers

Individuals who provide care for someone who is elderly, disabled, or ill, often a family member or a professional.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Battered

Subjected to repeated physical violence, often used to describe victims of domestic abuse.