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    Dynamic Business Law Study Set 1
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    Exam 26: Negotiable Instruments: Negotiability and Transferability
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    The Term That Stands for the Time It Takes a Check
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The Term That Stands for the Time It Takes a Check

Question 59

Question 59

Multiple Choice

The term that stands for the time it takes a check to go through the traditional check-clearing process and be paid is known as ________.


A) check clearing
B) bank time
C) tender time
D) demand time
E) float

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