Which of the Following Statements Is Correct Concerning a Stale

question 28

Multiple Choice

Which of the following statements is correct concerning a stale check?

• 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) Both a.and b.
• D) None of the above.

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Definitions:

Predictive Validity

The extent to which a test or measurement accurately predicts future outcomes or behaviors.

Content Validity

The extent to which a test measures all aspects of the construct it is intended to assess, ensuring the test is adequately comprehensive.

Biological

Relating to the processes and functions of living organisms and their parts.

Sociocultural

Refers to the ways that society and culture affect beliefs, behaviors, and development.