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    Law for Business Study Set 2
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    Exam 41: Checks and Electronic Fund Transfers
  5. Question
    Even When a Bank Receives a Properly Drawn and Payable
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Even When a Bank Receives a Properly Drawn and Payable

Question 19

Question 19

True/False

Even when a bank receives a properly drawn and payable check on a person's account and there are sufficient funds to cover the check, the bank is not under a legal duty to pay it.

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