Multiple Choice
Baer writes a check for $500 "payable to Cary" drawn on Baer's account at Debit Bank. Cary indorses and sells the check to Esau, who deposits the check in his account at Fidelity Bank. Fidelity dishonors the check. Baer or Cary may be liable for payment of the check if
A) the drawer of the check does not repudiate the dishonor.
B) timely notice of dishonor is given.
C) more than thirty days have elapsed since the check was written.
D) the check was not properly presented for payment.
Correct Answer:

Verified
Correct Answer:
Verified
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