Which of the Following Best Describes a Stale Check

question 33

Multiple Choice

Which of the following best describes a stale check?

• A) A check that has been written by the drawer for a date in the future, which a bank can honor even before the date on the check
• B) An incomplete check that is presented to the drawee bank for payment
• C) A check that has been written by the maker dated at some point in the past, which can be paid and charged to the customer's account even at the present date
• D) A check that is more than six months old for which a bank does not owe its customer a duty to pay out of the account

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Definitions:

Strategic Change

Fundamental shifts in an organization’s strategy, often involving changes in structure, operations, and culture to achieve long-term goals.

SMART Goals

Goals that are Specific, Measurable, Achievable, Relevant, and Time-bound, designed to be clear and reachable.

Specific

The term specific refers to something clearly defined, explicit, or particular, distinguishing it from vague or general descriptions.

Measurable

Capable of being quantified or expressed in numerical terms for assessment or comparison.