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Which of the Following Statements Is Not True If a Check

Question 11

Multiple Choice

Which of the following statements is not true if a check is certified by a bank?


A) The refusal of the bank to certify the check is a type of dishonor.
B) The drawer is not liable if the drawer has the check certified.
C) The drawer is not liable if a holder has the check certified.
D) All persons who indorsed the check before certification are discharged by certification.
E) The bank must indicate on the face of the check that the check is certified.

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