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  3. Study Set
    Business Law Study Set 3
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    Exam 28: Banking
  5. Question
    When a Customer Makes a Deposit into a Checking Account
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When a Customer Makes a Deposit into a Checking Account

Question 1

Question 1

True/False

When a customer makes a deposit into a checking account, the customer becomes a debtor, and the bank a creditor, for the amount deposited.

Correct Answer:

verifed

Verified

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