Doug takes a $500 check drawn by Gail to Gail's drawee bank to cash it.Gail has over $10,000 on deposit in her account.If her bank refuses to pay Doug:
A) Doug can sue the bank and demand payment if the check is not "stale."
B) If the check is over 30 days old,the bank has a right to refuse payment.
C) The bank has incurred a liability to Gail for its improper refusal to pay the check if it is not "stale."
D) The bank has no liability to Doug or Gail..
Correct Answer:
Verified
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