Marissa owes Retchel P100,000 due on December 15, 2013. On maturity date, Marissa presented to Retchel a dated MBTC check in the amount of P100,000 with a certification from the bank manager that Marissa was a client in good credit standing who has been banking with MBTC for almost 30 years. Despite the tender of payment and the certification issued by the bank manager, Retchel, however, refused to accept the payment and insisted that Marissa pay her in cash. Is Retchel justified in rejecting this tender of payment made by Marissa, it being certain that the amount of the

check will later on be cleared for sufficiency of funds in her (Retchel's) favor?