True/False
When a bank certifies a check,it immediately charges the drawer's account.
Correct Answer:
Verified
Related Questions
Q1: Once a check "bounces," a holder cannot
Q5: A cashier's check is an instrument in
Q6: Generally, a bank has no obligation to
Q10: An oral stop payment order is valid
Q12: A person who writes a bad check
Q13: A drawee bank may be liable to
Q20: Banks are required to constantly verify the
Q21: Deferred posting is the process of dishonoring
Q22: Elmo pays First Star Bank $1,000 plus
Q23: Rikki writes a check "pay to the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents