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

Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter12: Contracts And Sales:introduction And Formation
Section12.5: Formation Of Contracts
Problem 5.3CQ
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  1. 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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