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An Oral Stop Payment Order Is Binding on the Drawee

question 14

True/False

An oral stop payment order is binding on the drawee bank for 14 calendar days.


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Closed Question

A type of question that typically requires a yes or no answer or a choice from a set of predetermined options.

Hypothetical Open Question

A type of inquiry that invites an extensive response based on imagined scenarios or conditions, encouraging creative or analytical thinking.

Funnel Sequence

A structured approach to narrow down information or options, typically starting broad and becoming more specific.

Inverted Funnel Sequence

A communication strategy or storytelling method that starts with broad, general information and narrows down to specific details.

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