Examlex
Which of the following statements is FALSE?
Limited Check
A check that is void after a certain time limit; commonly used for payroll.
Time Limit
Time Limit refers to a fixed or set duration within which an action, process, or procedure is to be completed or accomplished.
Counter Check
A special bank check that allows a depositor to draw funds from his own account only, as when he has forgotten his checkbook.
Imprinted Checks
Checks that have been pre-printed with specific information, such as the payer's name and account details, to enhance security and reduce fraud.
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