Multiple Choice
Which of the following do a certified check and a cashier's check have in common?
A) The bank is primarily liable on each.
B) The bank is secondarily liable on each.
C) Both are drawn by the bank on itself.
D) Technically,the bank is not liable to a holder of either kind of check.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q48: A bank will be liable if it
Q49: Hailey wrote a check for Marsha,her landlady,on
Q50: If a customer does not discover a
Q51: Which of the following refers to the
Q52: Under Article 4,which of the following refers
Q54: The time period within which a customer
Q55: Boston Bank receives one of their payable
Q56: An oral stop-payment order normally is good
Q57: _ is when a bank observes the
Q58: Under the recent amendments to Article 4,postdated