The Bank That Issues a Cashier's Check Is ________ for the Amount

question 70

Multiple Choice

The bank that issues a cashier's check is ________ for the amount of the check as soon as the cashier's check is created.

• A) primarily liable
• B) secondarily liable
• C) partially liable
• D) not liable
• E) endorsee liable

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Definitions:

Artworks And Historical Treasures

Artworks and historical treasures represent valuable and culturally significant assets owned by entities, often not intended for sale but preserved for public benefit, educational purposes, and cultural preservation.

Revenue And Receivables

The income generated from normal business operations and the claims to cash or other assets by an entity, usually resulting from sales transactions.

Voluntary Health And Welfare Entities

Organizations that operate for the purpose of promoting health and welfare, primarily relying on voluntary contributions from the public.

Classifications

The systematic arrangement of business transactions or elements in categories according to established criteria.