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On August 1,1990,Lisa Wrote a Check for $100 Payable to the Order

Question 2

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,_____.


A) the bank must honor the check
B) the bank cannot pay the check out of Lisa's account
C) the bank may, in good faith, pay the check and charge it to Lisa's account
D) the check is no longer valid because it is a stale check

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