The Time Requirements for Notice of Postdated Checks Are Similar

question 23

Multiple Choice

The time requirements for notice of postdated checks are similar to those required for:

• A) automatic transfers.
• B) stop-payment orders.
• C) drawer-depositor accounts.
• D) stale checks.

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Definitions:

Duration

The length of time that something continues or exists.

Capacity

The ability or power to do, experience, or understand something; often used in legal, psychological, and health-related contexts.

Forgetting

The inability to access a memory from long-term storage.

State-Dependent Memory

The phenomenon whereby information learned in a particular state of mind (e.g., mood or consciousness) is more readily recalled when in the same state.