When processing a check, Sterling Bank encodes information, such as the amount of the check, on the item. Sterling thereby warrants to any subsequent bank or payor
A) the item has been returned to the drawer.
B) nothing.
C) the check has been processed manually.
D) the encoded information is correct.

Question

When processing a check, Sterling Bank encodes information, such as the amount of the check, on the item. Sterling thereby warrants to any subsequent bank or payor​
A) ​the item has been returned to the drawer.
B) ​nothing.
C) ​the check has been processed manually.
D) ​the encoded information is correct.

Quizplus · Accepted Answer

Sterling Bank warrants to any subsequent bank or payor that the encoded information, such as the amount of the check, is correct.

When Processing a Check, Sterling Bank Encodes Information, Such as the Amount