When a check is certified,which of the following occurs?
A) The drawer agrees that the check will be paid.
B) The drawer becomes liable to pay the check if the bank does not honor it.
C) An indorser certifies to an indorsee that the check will be paid.
D) The drawee agrees in advance that it will accept a check when it is presented.
E) The ability to transfer the check by indorsement is terminated.
Correct Answer:
Verified
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