Which of the Following Is True for a Stop-Payment Order

question 27

Multiple Choice

Which of the following is true for a stop-payment order to be effective?

• A)The order can come up to an hour after the check has been honored.
• B)The bank must receive the order in a way that gives the bank a reasonable opportunity to act.
• C)The bank can receive the order after it has certified the check.
• D)The order must be in a written format for the bank to be able to recognize it as the check corresponding to the stop-payment order.

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Definitions:

Systems Theory

A theoretical framework that explores the complex interactions and interdependencies within and among systems, such as in families or ecosystems.

Complementary Relationship

A relationship dynamic where partners possess different but complementary traits or roles that contribute to a harmonious and balanced relationship.

Systems Theory

An interdisciplinary study of systems, emphasizing the interconnectedness and complexity within and among systems.

Family Therapy

Family Therapy is a psychotherapeutic approach that aims to treat family problems and promote understanding and healthy relationships within the family unit.