If a Drawer of a Check Has the Bank Certify

question 20

Multiple Choice

If a drawer of a check has the bank certify it, he or she remains _________for payment of the check until the holder can reasonably present it for payment.

• A) partially liable
• B) totally liable
• C) not liable
• D) conditionally liable

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Definitions:

Conveying

The act of communicating or transmitting information, ideas, or feelings from one person or place to another.

Information Channel

The medium through which information is transmitted from one place, person, or group to another.

Upward Communication

The process by which information or feedback travels from lower levels of a hierarchy to higher levels within an organization.

Supervisors

Individuals in an organization responsible for overseeing and managing the activities and performance of a team or department.