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The Universal Commercial Code, Banks, and Fraudulent Activity
Essay specific features
Written by:
Mary Y
Date added:
May 14, 2017
Level:
University
Grade:
A
No of pages / words:
6 / 1435
Was viewed:
3419 times
Rating of current essay:
Essay content:
A customer is a person with an account at a bank. A drawer or maker is a person writing a check and is typically a customer of the drawee bank. A drawee is a party, typically a bank, required to pay out money when a check or draft is presented. A payee is the party entitled, by the creation of the check by the drawer, to receive funds from the payor bank, usually the drawee...
displayed 300 characters
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A drawee is a party, typically a bank, required to pay out money when a check or draft is presented. A payee is the party entitled, by the creation of the check by the drawer, to receive funds from the payor bank, usually the drawee. Presentment is the delivery of a check or draft to the drawee or the drawer for payment...
displayed 300 characters
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