Which of the following is false regarding certified checks?
A) If a bank refuses to certify a check, the check is considered dishonored.
B) Once a check is certified, funds of the customer are removed from his or her account and placed in the bank's certified check account.
C) If a bank certifies a check, the drawer of the check is no longer liable for the amount of the check.
D) If a bank certifies a check, the bank has become primarily liable for the check.
E) All of these are false.
Correct Answer:
Verified
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