a potential problem when a check is made out to \cash\ is that\n○ if the check was written over 7 days ago…

a potential problem when a check is made out to \cash\ is that\n○ if the check was written over 7 days ago, it cannot be cashed.\n○ if the check is lost, it can be cashed by anyone.\n○ the check cannot be deposited into a savings account.\n○ the check can only be cashed at a check - cashing store.

a potential problem when a check is made out to \cash\ is that\n○ if the check was written over 7 days ago, it cannot be cashed.\n○ if the check is lost, it can be cashed by anyone.\n○ the check cannot be deposited into a savings account.\n○ the check can only be cashed at a check - cashing store.

Answer

Brief Explanations:

A check made out to "cash" is a bearer instrument. If lost, since it doesn't have a specific payee name, anyone who finds it can cash it. There's no time - limit of 7 days for cashing such checks in general. It can be deposited into a savings account in some cases and not only cashed at check - cashing stores.

Answer:

If the check is lost, it can be cashed by anyone.