Multiple Choice
Chad writes Dinah an uncertified check for $500 drawn on Chad's account at Employees Credit Union. Seven months later, Dinah presents the check for payment. The credit union pays the check in good faith without consulting Chad. The credit union
A) cannot charge Chad's account for any amount.
B) can charge Chad's account for $250 only.
C) can charge Chad's account for $500.
D) is liable for breach of contract.
Correct Answer:

Verified
Correct Answer:
Verified
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