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Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 18
Marcus purchased a one-week package deal to a summer resort area through a travel agency. Because the price had to be paid in advance, Marcus sent the travel agency a certified check for $900 drawn on the Citizens National Bank. The next day he decided to cancel his trip and requested the bank to stop payment on the check. Could Marcus order the bank to stop payment on the certified check?
Explanation
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Certified Check:
Under the UCC § 3-409 ...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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