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Which of the Following Is True Regarding Trevor's Statement That

Question 45

Multiple Choice

Which of the following is true regarding Trevor's statement that once the check had been dishonored,it could not be presented again?


A) He was correct.
B) The holder can attempt to resubmit the check at a later date.
C) The holder may attempt to resubmit the check at a later date only if all endorsers of the check have been notified of the dishonor.
D) The holder may resubmit the check only if notice is given to the drawer.
E) The check may be presented again for payment only if notice has been given both to endorsers and the drawer.

Correct Answer:

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