Lulu received a Christmas check from her Aunt Beatrice. She forgets about the check and finds it the next October. When she goes to cash the check, the bank refuses to honor the check. This check is considered ________.

Question

Quizplus · Accepted Answer

The check is considered "stale" because it was not cashed within a reasonable time frame, typically six months from the date it was issued. After this period, banks may refuse to honor the check.

Lulu Received a Christmas Check from Her Aunt Beatrice