Which of the Following Parties Is Primarily Liable on a Certified

question 44

Multiple Choice

Which of the following parties is primarily liable on a certified check?

• A) The payee who is a certified holder of the check
• B) The drawer
• C) The drawee bank that certifies the check
• D) The cashier

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Definitions:

Delphi Technique

A method of forecasting that involves gathering the opinions of experts through a series of questionnaires with feedback loops to reach a consensus.

Face-To-Face

A mode of communication or interaction that occurs when the participants are physically present in the same location.

Markov Model

A model that determines the pattern of employee movement using a set of mutually exclusive states for movement into or out of a particular job.

Predictive Capacity

The ability to forecast future events, trends, or outcomes based on current data and analysis.