Which of the Following Is True in Case of Death

question 3

Multiple Choice

Which of the following is true in case of death or incompetence of a customer?

• A)A bank cannot pay checks of a deceased customer until it has notice of the customer's death.
• B)If a bank knows of a customer's death,it can pay checks written by the customer prior to his/her death,for a period of 30 days.
• C)The deceased person's heirs or other persons claiming an interest in the account can order the bank to stop payment.
• D)A bank can declare checks signed by the customer while he/she was alive,as null and void.

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Definitions:

Salary Raise

An increase in the amount of money paid to an employee for their work, usually as a recognition of performance or market adjustment.

Implicit Assumptions

The unstated or underlying beliefs and conditions presumed to be true without direct evidence in an argument or hypothesis.

Explanation

An explanation is the process of making something clear or understandable, often by elaborating on how and why something occurs or is the way it is.

Strength

The degree to which the premises of an inductive argument support the conclusion.