The major purpose of certified cashier's checks is to make the bank primarily liable,so third parties will be more willing to accept the checks.
Correct Answer:
Verified
Q9: The issuing bank serves as both the
Q12: When a customer makes a deposit into
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Q15: Checks that have more than one indorser
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Q19: The drawee is the customer who maintains
Q20: Electronic Funds Transfers are covered under Article
Q21: A banking day is any day that
Q22: Which of the following is not a
Q24: Once a check becomes stale,the bank is
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