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Dan Drawer wrote a check dated April 30 to his Dentist Dr. Paine as payment for services rendered. Dr. Paine was not aware that the
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"Dan Drawer wrote a check dated April 30 to his Dentist Dr. Paine as payment for services rendered. Dr. Paine was not aware that the check fell to the floor behind his desk, where it lay until the end of August, when the janitor found it. Dr. Paine then deposited the check in his bank on August 31, and it bounced on September 3 when the drawee bank informed the depository bank that Dan had stopped payment because the dental work had been done badly. Is the depositary bank a holder in due course?"
Yes
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