An Oral Stop Payment Ordered by a Drawer Is Valid

question 8

Multiple Choice

An oral stop payment ordered by a drawer is valid:

• A)for 14 calendar days only.
• B)if it is received in time and in such a manner as to afford the bank a reasonable opportunity to act on it.
• C)for only one year,unless renewed in writing.
• D)only on limited items payable on his or her account,and cannot be used for checks with a value of $500 and above.

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Definitions:

Individual

A single, distinct entity often used to refer to a single human being in studies or discussions about human behavior and psychology.

Different

Distinct or not the same; having qualities that make something unlike anything else.

Self-report Inventories

Psychological tests in which individuals provide responses to questions about themselves, aiming to assess aspects of their mental health and personality.

Paper-and-pencil Tests

Traditional psychological assessment tools where individuals respond to questions in written form.