When Processing a Check,Savings & Trust Bank Encodes Information,such as the Amount

question 62

Multiple Choice

When processing a check,Savings & Trust Bank encodes information,such as the amount of the check,on the item. Savings & Trustthereby warrants to any subsequent bank or payor that

• A)the item has been returned to the drawer.
• B)none of the choices.
• C)the check has been processed manually.
• D)the encoded information is correct.

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