Refer to Fact Pattern 27-1B. When Digital’s bank received the check, it was required to pass it on
A. before midnight of the next banking day.
B. before midnight of the next day, whether or not it was a “banking” day.
C. before noon of the next banking day.
D. within five business days.
Answer:A
Refer to Fact Pattern 27-1B. When Digital’s bank received the check, it was required to pass it on
A. before midnight of the next banking day. B. before midnight of the next day, whether or not it was a “banking” day. C. before noon of the next banking day. D. within five business days.