Which of the Following Must Occur for a Drawer to Become

question 5

Multiple Choice

Which of the following must occur for a drawer to become liable on a check?

• A)The two requirements are that 1)the holder of the instrument present the instrument to the drawer in a proper and timely fashion and 2)the holder establish that the check was wrongfully dishonored.
• B)The four requirements are that 1)the holder of the instrument present the instrument to the drawee in a proper and timely fashion,2)the instrument be dishonored,3)notice of the dishonor be given to the drawer,and 4)proof provided by the holder that the check was wrongfully dishonored.
• C)The three requirements are that 1)the holder of the instrument present the instrument to the drawee in a proper and timely fashion,2)the instrument be dishonored,and 3)notice of the dishonor be given to the drawer.
• D)The only requirement is that the holder of the instrument present the instrument to the drawer in a proper and timely fashion.
• E)The only requirement is that the holder of the instrument present the instrument to the drawee in a proper and timely fashion.

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White Americans

Individuals residing in the United States who are identified or identify themselves as being of European, Middle Eastern, or North African descent.

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Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

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