Multiple Choice
On August 1, 1990, Lisa wrote a check for $100 payable to the order of Marcia, her sister. Marcia misplaced the check and found it in May 1991, and attempted to cash it. Under these circumstances, the _____.
A) bank must honor the check
B) bank cannot pay the check out of Lisa's account
C) bank may, in good faith, pay the check and charge it to Lisa's account
D) check is no longer valid because it is a stale check
Correct Answer:

Verified
Correct Answer:
Verified
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