The Expedited Funds Availability Act Stipulates That Non-Local Checks Typically

question 22

Multiple Choice

The Expedited Funds Availability Act stipulates that non-local checks typically must be cleared in no more than _____ business days.

• A)1
• B)2
• C)3
• D)4
• E)5

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Definitions:

Defendant

An individual, corporation, or entity being sued or accused in a court of law.

Negligence Action

A lawsuit alleging that a party's failure to act with reasonable care resulted in damage or injury to another.

Charge Of Negligence

An accusation made against an individual or entity for failing to act with the care that a reasonably prudent person would have in the same circumstances.

Lawfully

In a manner that is in accordance with the law, legally permitted or authorized.