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    Dynamic Business Law
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    Exam 29: Checks and Electronic Fund Transfers
  5. Question
    The First Bank That Receives the Check for Payment Is
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The First Bank That Receives the Check for Payment Is

Question 12

Question 12

Multiple Choice

The first bank that receives the check for payment is a[n] ________ bank.


A) Payer
B) Payee
C) Depositary
D) Acceptor
E) Transfer

Correct Answer:

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