Multiple Choice
Renee made out a check payable to Dawn. Dawn had the check certified by First National, the drawee bank, and then indorsed it to Quatro, who is the present holder. What effect does certification have on the parties?
A) Renee alone is discharged from liability.
B) Dawn alone is discharged from liability.
C) First National becomes primarily liable, and both Renee and Dawn are discharged from liability.
D) Renee remains secondarily liable.
Correct Answer:

Verified
Correct Answer:
Verified
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