Advanced Alloys, Inc., issued a check in the amount of $2,500 to Sergeant Steel Corporation. The

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Advanced Alloys, Inc., issued a check in the amount of $2,500 to Sergeant Steel Corporation. The check was presented for payment fourteen months later to the Chase Manhattan Bank, which made payment on the check and charged Advanced Alloys’ account. Can Advanced Alloys recover the payment made on the check? Why?

 

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