Mark Gives a $3,000 Check Drawn on Access Bank to Acme

Essay

Mark gives a $3,000 check drawn on Access Bank to Acme Industries who mislays the check for three weeks.When Acme finds the check,they request that Access Bank certify the check.Access declines to do so,and Acme tells Mark that the check has been dishonored.Mark contacts Access who agrees to certify the check.Access subsequently wants to withdraw their certification,since Mark has insufficient funds in his account.Discuss the legal issues contained in their situation.