If a drawee bank certifies a check,which of the following is/are discharged of their liability on the check?

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.Normally a drawee bank is not obligated to certify a check.When a drawee bank does certify a check,it substitutes its undertaking (promise)to pay the check for the drawer's undertaking and becomes obligated to pay the check.

If a Drawee Bank Certifies a Check,which of the Following