Solved

Use the Fact Situation Above to Answer the Question

Question 26

Multiple Choice

Use the fact situation above to answer the question. In this case,if the certified cheque is negotiated


A) Albert's advice to the bank of the loss of the cheque discharges the bank from having to honour it.
B) being certified,no stop payment can be put on the cheque and the bank must honour it.
C) Albert can put a stop payment on the cheque and the bank will not have to honour it.
D) the bank can put a stop payment on the cheque and the bank will not have to honour it.
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions