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

Recognize the importance of cognitive processes in the experience and expression of emotions.

Understand the implications of achievement motive and situational factors on behavior.

Analyze the similarities and distinctions between motivation and emotion.

Explore cross-cultural perspectives on emotion and motivation.

---

Definitions:

Merchant

An individual or company engaged in the business of selling goods or services in the marketplace.

Ordinary Course of Business

Regular and routine operations of a company, including transactions and activities that are normal for the business.

Acceptance Effective

The point in time when an agreement to the terms of an offer is communicated by the offeree to the offeror, resulting in a legally binding contract.

Dispatched

Sent off to a destination or for a specific purpose, often used in the context of sending out goods, documents, or personnel.