TJ Vargas signed the back of his checks for deposit and then lost them on the way to the bank. When he contacted the issuers of the checks to try to have them reissued, he discovered that the checks had already cleared. How could he have made a restricted endorsement to ensure that they would get deposited only into his account?
a. For Deposit Only. TJ Vargas.
b. Pay to the Order of TJ Vargas.
c. For Deposit Only (3846933720). Midwest Bank. TJ Vargas.
d. Pay to the Order of Midwest Bank. TJ Vargas.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “TJ Vargas signed the back of his checks for deposit and then lost them on the way to the bank. When he contacted the issuers of the checks ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which example describes sharing risk? getting car insurance deciding not to buy a car only driving during the day driving a car at high speeds
Answers (1)
How much does it cost to open a bank account answers?
Answers (1)
In the month of November Gavin Company Inc. wrote checks in the amount of $37,000. In December, checks in the amount of $50,632 were written. In November, $33,872 of these checks were presented to the bank for payment, and $43,532 in December.
Answers (1)
Which of the following business-to-business terms refers to the routine purchase of items that a B2B customer regularly needs? A. Straight rebuy B. New-task buy C. Modified rebuy D. Buyclass E. Buying center
Answers (1)
An accountant has debited an asset account for $5,000 and credited a revenue account for $10,000. What can be done to complete the recording of the transaction?
Answers (1)
New Questions in Business
A movie company makes 500,000 DVDs of one of its latest releases. It sells 300,000 of them before the end of the second quarter, and holds the others in its warehouse. How will the 200,000 unsold DVDs be treated in the GDP statistics?
Answers (1)
Which is a primary activity in Porter's value chain model? A. finance B. procurement C. human resources D. outbound logistics
Answers (1)
During the past six months, 73.2% of US households purchased sugar. Assume that these expenditures are approximately normally distributed with a mean of $8.22 and a standard deviation of $1.10. 99% of the households spent less than what amount?
Answers (1)
You just inherited?$12 comma 00012,000. while you plan to squander some of it? away, how much should you deposit in an account earning 44?% interest per year if? you'd like to have?$12 comma 00012,000 in the account in 88? years?
Answers (1)
Inc.'s capital structure features 40 percent equity, 60 percent debt, and that its before-tax cost of debt is 9 percent, while its cost of equity is 15 percent. What will be TapDance's WACC? (Round your answer to 2 decimal places.) WACC %.
Answers (1)