Multiple Choice
Chin wants to buy a small parcel of land.The seller requires a certified check as payment.Chin has a checking account with ABC bank;he prepares a check for the seller and then has the bank certify it.He then presents the check to the seller.Who may now be liable for payment of the amount of the check?
A) Chin only
B) ABC bank only
C) Both Chin and ABC bank
D) Neither Chin nor the ABC bank
Correct Answer:
Verified
Correct Answer:
Verified
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