Multiple Choice
Rex signs a check "pay to the order of Sophie" drawn on Rex's account in Town Bank.To impose liability on Rex if Town Bank dishonors the check,Sophie should present it for payment within
A) one year.
B) six months.
C) ten days.
D) thirty days.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Cole issues a note "payable to the
Q9: If delivery of goods becomes impossible,a party
Q11: Molly signs a promissory note payable to
Q12: When there is a breach of an
Q14: A person who issues a negotiable instrument
Q15: When an instrument has a forged indorsement,the
Q16: Every person who signs a negotiable instrument
Q17: Commercial Credit Company has in its possession
Q18: Fact Pattern 26-1B <br>Jake is the maker
Q69: The dishonor of an instrument relieves secondary