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    Contemporary Business
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    Exam 22: Banking System, E-Money, and Financial Reform
  5. Question
    A Principal-Agent Relationship Is Formed Between a Customer and the Bank
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A Principal-Agent Relationship Is Formed Between a Customer and the Bank

Question 116

Question 116

True/False

A principal-agent relationship is formed between a customer and the bank if a deposit is a check that the bank must collect for the customer.

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