Answered: The drawee of a check is not liable on…

The drawee of a check is not liable on the instrument until the check is _______. a.) Accepted. b.) Rejected. c.) Dishonored. d.) Presented.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

The drawee of a check is not liable on the instrument until the check is _______.

a.)
Accepted.

b.)
Rejected.

c.)
Dishonored.

d.)
Presented.

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