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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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    If a Drawer and a Payee or Holder Have Accounts
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If a Drawer and a Payee or Holder Have Accounts

Question 7

Question 7

True/False

If a drawer and a payee or holder have accounts at different banks, the check is called an "on them" item when it is presented for payment by the payee.

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