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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
    An Oral Stop Payment Order Is Binding on the Drawee
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An Oral Stop Payment Order Is Binding on the Drawee

Question 14

Question 14

True/False

An oral stop payment order is binding on the drawee bank for 14 calendar days.

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