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    Exam 26: Negotiable Instruments: Negotiability and Transferability
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    Which Is the Correct Term for a Check Accepted by the Bank
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Which Is the Correct Term for a Check Accepted by the Bank

Question 44

Question 44

Multiple Choice

Which is the correct term for a check accepted by the bank on which it is drawn?


A) Certified check
B) Cashier's check
C) Traveler's check
D) Check certificate
E) Approved draft

Correct Answer:

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