A certified check is one that the bank has promised to pay when it is presented for payment.
Correct Answer:
Verified
Q15: When the amount of a check expressed
Q16: An instrument payable in a foreign currency
Q17: The two basic types of commercial paper
Q18: A written note or letter in which
Q19: A person may not postdate a check
Q21: Whoever is in possession of commercial paper
Q22: A _ is a certified check issued
Q23: The Electronic Funds Transfer Act of 1979
Q24: Statements requiring that certain things be done
Q25: Because it has the opportunity to inspect
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