Under the Check 21 Act

question 61

Multiple Choice

Under the Check 21 Act:

• A)banks must accept checks in electronic form.
• B)banks are permitted to truncate original checks and process check information electronically.
• C)banks must create substitute checks which are the legal equivalent of the original checks.
• D)All of the above.

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Definitions:

Hydrogen Atoms

The simplest type of atom, consisting of a single electron orbiting a single proton.

Metallic Luster

The shiny, reflective quality of metals that gives them a bright, mirror-like appearance, also observed in certain minerals that have a metal-like appearance.

Opaque

Not allowing light to pass through; not transparent or translucent.

Chemical Components

The basic constituents or substances that make up a chemical compound or matter, characterized by specific physical and chemical properties.