When a bank certifies a check, the amount involved in the certification will be debited in the depositor's account until payment of the certified check.
Correct Answer:
Verified
Q15: The fact that a stop payment on
Q16: A check is a particular kind of
Q17: A notice of dishonor may be oral,
Q18: A buyer may stop payment on a
Q19: A check may be certified by a
Q21: Postdating a check changes the check from
Q22: An oral stop payment order is binding
Q23: Ordinarily, the drawee bank is liable to
Q24: All of the following are correct concerning
Q25: A bank will not be liable for
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