Elian Wrote a $5000 Check Payable to His Nephew Jose

question 33

Multiple Choice

Elian wrote a $5000 check payable to his nephew Jose on January 1.Elian gave Jose the check on January 3.Elian died January 6.The drawee bank learned of Elian's death on January 7.There is no stop payment order on the check.Which statement is correct?

• A)The bank can pay the check only until January 10.
• B)The bank can pay the check only until January 16.
• C)The bank can pay the check until January 17.
• D)The bank cannot pay the check.The bank must freeze Elian's account.

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