On August 1, 1990, Lisa Wrote a Check for $100

question 47

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, the _____.

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• D) check is no longer valid because it is a stale check