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Other Fields Homework Help Business Topic started by: Desolo on Apr 2, 2014



Title: Which of the following is implied when a bank certifies a check?
Post by: Desolo on Apr 2, 2014
Which of the following is implied when a bank certifies a check?
A) The bank agrees to accept the check when it is presented for payment.
B) The bank cashes the check only if the holder himself presents it for payment.
C) The bank withholds payment on the check until the drawer authorizes payment.
D) The bank holds the check as guarantee for repayment of a loan taken by a customer.

This is for my business law class, anything will help


Title: Re: Which of the following is implied when a bank certifies a check?
Post by: bbb on May 21, 2014
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Title: Re: Which of the following is implied when a bank certifies a check?
Post by: Desolo on May 21, 2014
Thank you