Question

A check must be presented for payment within a reasonable time from the last negotiation thereof.

Where a check is certified by the bank on which it is drawn, the certification is equivalent to an acceptance

A. Both are incorrect
B. First is incorrect
C. First is correct
D. Both are correct

Answer 1

A check must be presented for payment within a reasonable time from the last negotiation, and if a check is certified by the bank on which it is drawn, the certification is equivalent to an acceptance.

Step-by-step explanation:

The subject of this question is Law and it is a High School level question.

According to the information provided, a check must be presented for payment within a reasonable time from the last negotiation. If a check is certified by the bank on which it is drawn, the certification is equivalent to an acceptance. This means that once a check is certified, the bank guarantees the availability of funds, and it becomes a legally accepted form of payment.

Therefore, the correct answer to the question is C. First is correct.