The federal Bills of Exchange Act does not govern the use of credit and debit cards in Canada.

Name: The federal Bills of Exchange Act does not govern the use of credit and debit cards in Canada.
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Question

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The federal Bills of Exchange Act governs negotiable instruments such as cheques and promissory notes, but credit and debit cards are governed by other laws and regulations such as the Payment Card Networks Act and the Code of Conduct for the Credit and Debit Card Industry.

The Federal Bills of Exchange Act Does not Govern the Use