Question

Question 3 Bob took a check written by Jack to Jack's bank to be certified. The bank stamped Certified" on it and gave it back to Bob. What consequence? O Bob can only demand the money from Jack Ob. Bob can only demand the money from the bank. Oc. The bank would have to pay if Jack doesn't Od Bob would have to pay if the bank doesn't (4 points) Not Yet Answered Time remaining 24.55 Question 4 Jan Arthur writes a $200 check to Bruce Nole who indorses it "Bruce Nole." Bruce gives the check to Anne Tate who indorses it "Without Recourse Anne Tate." Anne sends the check to Joe Black, MD to pay her medical bill. If the bank refuses to honor the check, Black: Oa can only collect from Jan Arthur Ob. can only collect from Jan Arthur or Bruce Nole Occan collect from the drawer or any indorser whose name appears on the check Od. has no other recourse, (4 points) Not Yet Answered Time remaining 2455 Question 5

Answer 1

Q 3:-

Bob took a check written by Jack to Jack's bank to be certified. The bank stamped "certified" on it and gave it back to Bob. What consequence?

Bob can only demand the money from the bank.

Q 4:-

Jan Arthur writes a $200 check to Bruce Nole who endorses it "Bruce Nole." Bruce gives the check to Anne Tate who endorses it "without recourse. Anne Tate." Anne sends the check to Joe Black, MD to pay her medical bill. If the Bank refuses to honor the check, Black:

Can collect only from Jan arthur or Bruce Nole.