Checks are typically only valid for 6 months soon after getting signed. Banking companies should still take a stale Examine, but they're not required to if they may have motive to question the resources.
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A company should have the ability to offer or liquidate a cash equal quickly on need with no dread or material reduction to the products. Cash equivalents are extremely small chance assets without more info the need of meaningful cost fluctuations.
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Prosecutors have accused them — and dozens of Other individuals — of stealing $250 million by declaring to acquire served nonexistent meals to nonexistent small children.
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