If a Drawee Bank Certifies a Check, Who Among the Following

question 40

Multiple Choice

If a drawee bank certifies a check, who among the following is discharged of their liability on the check?

• A) The drawer only
• B) The drawee bank and persons who previously indorsed the check
• C) The drawee bank
• D) The drawer and the persons who previously indorsed the check

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Definitions:

Implicit

Unconscious or automatic influences on behaviors, thoughts, or feelings that occur without conscious awareness.

Long-Term Memory

A type of storage in the brain capable of holding information for an extended period, potentially for a lifetime.

Short-Term Memory

The part of the memory system that is responsible for temporarily storing information for a brief period, typically seconds to minutes.

Decay

The process of losing information over time due to the non-use of a memory trace in the brain.