High school graduation money

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Question

In anticipation of going off to college, 17-year-old Emily opened a checking account at a bank and deposited all of her high school graduation money she received as gifts. She then wrote a check to her friend Tracy. Tracy went to cash the check but found that Emily had contacted the bank to tell them that she did not want the bank to honor the check. What, most likely, would be the outcome of the issue? Multiple Choice The bank will be required to pay Tracy the amount of the check because Emily did indeed sign the check. The bank will not honor the check because Emily is a minor. The bank will be required to honor the check because Tracy operated in good faith. The bank will not honor the check because a maker has a right to change her mind about honoring a check until the check is actually honored by the bank.

Reference no: EM133672556

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