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Which of the Following Is a Draft with Respect to Which

Question 20

Multiple Choice

Which of the following is a draft with respect to which the drawer and drawee are the same bank or branches of the same bank?


A) Cashier's check
B) Traveler's check
C) Certified check
D) Cashier's checks, traveler's checks, and certified checks
E) A cashier's check and a traveler's check, but not a certified check

Correct Answer:

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