The ________ of a certified check has the same obligation as the maker or issuer of a note.
A)assignee
B)maker
C)holder
D)drawer

Question

Quizplus · Accepted Answer

Revised Article 3 provides that the drawer of a cashier's check has the same obligation as the maker or issuer of a note.Thus,it treats the bank drawer of a draft drawn on a bank the same as a note for purposes of the issuer's liability rather than treating the issuer as a drawer of a draft.

The ________ of a Certified Check Has the Same Obligation