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  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 1
  4. Exam
    Exam 27: Bank Deposits, Collections, and Funds Transferspart Vi: Agency
  5. Question
    If a Depositor in First Bank Takes a Check Written
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If a Depositor in First Bank Takes a Check Written

Question 41

Question 41

True/False

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

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