Mrs.Dawson wrote a check to Kevin for $50 on New Year's Day for clearing the snow from her driveway on Christmas Eve.When Kevin tries to cash the check at Mrs.Dawson's bank,however,he is told that the check is stale.Which of the following is the most likely reason for Mrs.Dawson's check being dishonored by the bank?
A) Mrs. Dawson did not have enough funds in her checking account.
B) Mrs. Dawson had dated the check for the previous year instead of the current year.
C) Mrs. Dawson had not identified Kevin as the payee while writing out the check.
D) Mrs. Dawson had given Kevin a check which was dated more than six months ahead of the date of issue.
Correct Answer:
Verified
Q10: Which of the following is implied when
Q25: A postdated check must be accompanied by
Q28: Rachel,who owes Sam $500,draws a check payable
Q30: A written stop-payment order is valid for
Q31: Which of the following statements is true
Q32: A check that a drawer does not
Q33: A check that has been outstanding for
Q34: John writes out a check for $100
Q41: Timothy is owed $1, 000 by Greg,
Q46: Francis Jeffers purchased a cashier's check in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents