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Rona Issues a Check for $4,000, Dated May 1, to Stavros

Question 45

Multiple Choice

Rona issues a check for $4,000, dated May 1, to Stavros. The check is drawn on United Bank. Stavros indorses the check and transfers it to Tony. Stavros will be liable on the check if​


A) ​United Bank dishonors the check.
B) ​Tony loses the check.
C) ​Rona stops payment on the check.
D) ​all of the choices.

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