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What is the legal reservation of funds to make a future payment of money?
Wiki User
∙ 10y ago
obligation
Wiki User
∙ 10y ago
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What does The term legal as applied to certifying Office responsibilities means that?
funds are used for intent authorized by Congress
What is meant be saying a proposed payment is legal?
That funds and supporting documents are available, and goods or services have been received.
What does payment prohibited by legal order mean?
it means that your cheque cannot be payed in to the bank because there are lack of funds in the account required
When a commander has affirmative authority to use funds for a specific purpose use of those funds is considered what?
Legal
Can legal order take money from a joint account?
Yes. The holders of the joint account are equal stake holders in the account and a legal order to receive payment from one of the account holders is enough to withdraw/take funds from a joint account.
What is legal tender money?
a legal medium of payment
What happens if you don't have enough funds to cover a check?
The first would surely happen and of the remaining, Either or all of them would happen. * The Cheque would bounce and no payment would be made * The bank would charge a cheque bounce fee * The cheque receiver would request a fresh payment or initiate a legal proceeding against you * The bank would lower your credit rating and your chances of getting loans in future would be difficult * etc...
Legal tender money?
LEGAL TENDER MONEY: A legal medium of payment.
Legal for the purpose of voucher certification means what?
funds are for the intent authorized
Is the legal payment date the date the transaction is initiated or the date the payee receives the payment?
The legal payment due date is the date specified in the contract. The actual payment date is the date the payment is initiated by the payor unless specified otherwise in the contract.
Is it legal for a cashier to refuse to accept coins in payment for goods or services?
The coins are legal tender for debts public and private. It is not legal to refuse coins for payment for goods and services.
When a commander has affirmative authority to use funds for a specific purpose use of those funds is considered?
Legal
