When processing a check, Superior Bank encodes information, such as the amount of the check, on the item. Superior thereby warrants to any subsequent bank or payor
A) the item has been returned to the drawer.
B) nothing.
C) the check has been processed manually.
D) the encoded information is correct.

Question

Quizplus · Accepted Answer

When Superior Bank encodes information on a check, they are warranting that the encoded information is correct.

When Processing a Check, Superior Bank Encodes Information, Such as the Amount