The time delay between when a check is written and when funds are available to the payee is called the float

Indicate whether the statement is true or false.

Answer: TRUE

Business

You might also like to view...

If one or both parties to a sales contract are merchants, any additional terms are considered proposed additions to the contract

Indicate whether the statement is true or false

Business

Under the UCC, a sales contract of ________ is enforceable if it is oral

A) no amount B) less than $5,000 C) less than $500 D) any amount

Business