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Question
Which of the following is true in case of death or incompetence of a customer?
A. A bank cannot pay checks of a deceased customer until it has notice of the customer's death.
B. If a bank knows of a customer's death, it can pay checks written by the customer prior to his/her death, for a period of 30 days.
C. The deceased person's heirs or other persons claiming an interest in the account can order the bank to stop payment.
D. A bank can declare checks signed by the customer while he/she was alive, as null and void.
Answer
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Related questions
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