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| Dunbar is the holder and payee of a check. He takes it to the Federal Bank upon which it was drawn and has it certified. Which of the following is correct? A. After certification of the check, Federal is primarily liable and the drawer is discharged on the check. B. If Federal refuses to certify the check, the check will be dishonored. C. Prior to certification of the check, Federal is only secondarily liable on the check. D. Federal is obligated to certify the check as long as there are adequate funds in the account. |