John Writes a Check to Kay as Payment for a DVD

question 41

Multiple Choice

John writes a check to Kay as payment for a DVD player but soon discovers the player is broken.He goes to the drawee bank and orally authorizes Larry,a bank officer,to stop payment on the check.This order is valid for

• A)fourteen days.
• B)fourteen months.
• C)thirty days.
• D)six months.

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Definitions:

Government Shutdown

A situation where the government ceases operations due to the failure to agree on a budget or funding legislation.

Public Opinion

The collective attitude or beliefs of the general public on a particular issue or set of issues.

Republicans

A political party in the United States that traditionally supports conservative policies, economic liberalism, and federalism.

Ross Perot

An American business magnate and politician best known for his third-party presidential runs in 1992 and 1996, focusing on fiscal responsibility and political reform.