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    Dynamic Business Law Study Set 2
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    Exam 16: Sales and Lease Contracts: Performance, Warranties, and Remedies
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    A ______ Bank Is the First Bank That Receives the Check
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A ______ Bank Is the First Bank That Receives the Check

Question 42

Question 42

Multiple Choice

A ______ bank is the first bank that receives the check for payment.


A) Payor.
B) Payee.
C) Depositary.
D) Transfer.
E) Acceptor.

Correct Answer:

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