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Which of the Following Is a Characteristic of Bank Checks

Question 40

Multiple Choice

Which of the following is a characteristic of bank checks that makes payees often more willing to accept a bank check than to accept a personal check?


A) The bank is solely or primarily responsible for payment.
B) They are usually written for large amounts.
C) They cannot be indorsed to other parties.
D) The payee is required to accept them as legal tender in most situations.

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