Dhani signs a check “pay to the order of Etan” drawn on Dhani’s account in First State Bank and dates the check “May 1.” Etan presents the check to the bank for payment on December 15. This is
A. a dishonored check.
B. an overdraft.
C. a postdated check.
D. a stale check.
Answer:D
Dhani signs a check “pay to the order of Etan” drawn on Dhani’s account in First State Bank and dates the check “May 1.” Etan presents the check to the bank for payment on December 15. This is
A. a dishonored check. B. an overdraft. C. a postdated check. D. a stale check.