Question: Rona issues a check for $ 4 , 0 0 0 , dated May 1 , to Stavros. The check is drawn on United Bank.

Rona issues a check for $4,000, dated May 1, to Stavros. The check is drawn on United Bank. Stavros indorses the check and transfers it to Tony. Stavros will be liable on the check if
Tony loses the check.
all of the choices.
United Bank dishonors the check.
Rona stops payment on the check.
Rona issues a check for $4,000, dated May 1, to Stavros.

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