A drawee bank's refusal to certify a check constitutes a dishonor of the instrument.
Correct Answer:
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Q8: A time draft presented for payment is
Q9: Presentment for payment is excused if the
Q10: In the banking system,the time for dishonor
Q11: A drawee bank is primarily liable after
Q12: An accommodation party will always be secondarily
Q14: Warranty liability may be imposed on both
Q15: Before an indorser can be held responsible
Q16: The signature of the maker of a
Q17: Waylon uses a signature stamp to sign
Q18: Delay in notice may be excused if
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