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    Business Law Study Set 7
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    Exam 25: Banking System and Electronic Financial Transactions
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    The Deferred Posting Rule Allows Banks to Fix an Afternoon
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The Deferred Posting Rule Allows Banks to Fix an Afternoon

Question 73

Question 73

True/False

The deferred posting rule allows banks to fix an afternoon hour of 2:00 P.M. or later as a cutoff hour for the purpose of processing checks and deposits.

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