Lakeland Bank certifies a check that subsequently is cashed by Pine Federal Credit Union.Pine Federal Credit Union is not liable for any damages associated with the check.

Name: Lakeland Bank certifies a check that subsequently is cashed by Pine Federal Credit Union.Pine Federal Credit Union is not liable for any damages associated with the check.
Brand: Quizplus
Rating: 4.9 (29 reviews)

Question

Quizplus · Accepted Answer

If the drawee bank certifies a check,then the drawer and any persons who previously indorsed the check are discharged of their liability on the check.

Lakeland Bank Certifies a Check That Subsequently Is Cashed by Pine