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    Business Law and the Regulation of Business Study Set 2
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    Exam 27: Bank Deposits Collections and Funds Transfers
  5. Question
    If a Depositor in Mercury Bank Takes a Check Written
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If a Depositor in Mercury Bank Takes a Check Written

Question 44

Question 44

True/False

If a depositor in Mercury Bank takes a check written on Valley Bank to Mercury Bank to deposit, it will not normally be credited to his account until collected from the payor bank.

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