Which of the Following Is False Regarding Certified Checks

question 30

Multiple Choice

Which of the following is false regarding certified checks?

• A) If a bank refuses to certify a check, the check is considered dishonored.
• B) Once a check is certified, funds of the customer are removed from his or her account and placed in the bank's certified check account.
• C) If a bank certifies a check, the drawer of the check is no longer liable for the amount of the check.
• D) If a bank certifies a check, the bank has become primarily liable for the check.
• E) All of these are false.

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Definitions:

Iconic

Relating to or of the nature of an icon, often used to describe visual information that is stored in memory for a short period.

Semantic

Semantic pertains to the study of meaning, interpretation, and the relationship between signifiers like words, phrases, signs, and symbols and what they represent.

Short-Term

Pertaining to or lasting a brief period of time, often used to describe memory or objectives that are near-term.

Emotionally Charged

Refers to situations or topics that evoke strong feelings or emotions.