A Bank That Knows of a Customer's Death

question 42

Multiple Choice

A bank that knows of a customer's death:

• A) cannot pay checks written by the customer.
• B) can pay checks written by the customer for a period of 10 days.
• C) can pay checks written by the customer for a period of 14 days.
• D) cannot pay checks written by the customer till authorized by the heirs.

---

Definitions:

Technologies of Production

The methods and processes used to produce goods and services, incorporating both the tools and techniques involved.

Prices of Inputs

This term describes the cost of resources used in the production of goods and services, such as raw materials, labor, and machinery.

Hourly Price

The cost or price of something for each hour it is used, produced, or provided.

Production Technology

Refers to the methods, equipment, and processes used to produce goods and services.