28. Baer writes a check for $500 payable to Cary drawn on Baers account at...
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Accounting
28. Baer writes a check for $500 payable to Cary drawn on Baers account at Debit Bank. Cary indorses and sells the check to Esau, who deposits the check in his account at Fidelity Bank. Fidelity dishonors the check. Baer or Cary may be liable for payment of the check if a. more than thirty days have elapsed since the check was written. b. the drawer of the check does not repudiate the dishonor. c. timely notice of dishonor is given. d. the check was not properly presented for payment.
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