Multiple Choice
The legal effect of a stale check is which of the following?
A) The drawee bank cannot pay it.
B) The drawer is no longer liable on it.
C) The bank is not under an obligation to pay it.
D) The payee must get the drawer to redate it.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: Notifying a bank within 2 days of
Q23: When the amount of a check has
Q24: When a check is certified,which of the
Q25: Richard has a checking account at the
Q26: Which of the following is true?<br>A) All
Q28: In January of 2001,Fred had a cocktail
Q29: Who can certify a check?<br>A) the drawee<br>B)
Q30: A check that has been outstanding for
Q31: If the drawee's bank certifies a check,the
Q32: Jenny has a checking account at Intrastate