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Essay heading: Negotiable Instruments LAw
 
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Issue: Social Issues
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Date added: March 20, 2003
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No of pages / words: 4 / 856
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Give the effects of the certification of a check. The effects of certification of a check are the following: 1. It is equivalent to acceptance 2. It discharges persons secondarily liable if procured by the holder 3. It operates as an assignment of the funds of the drawer in the hands of the drawee bank 4...
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Give the effects of the certification of a check. The effects of certification of a check are the following: 1. It is equivalent to acceptance 2. It discharges persons secondarily liable if procured by the holder 3. It operates as an assignment of the funds of the drawer in the hands of the drawee bank 4...
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