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Corky Pays Delta Bank $500 Plus a Service Fee to Draw

Question 59

Multiple Choice

Corky pays Delta Bank $500 plus a service fee to draw a check on itself payable to Electric Company. The party responsible for paying the check is


A) Corky only.
B) Corky and Delta Bank.
C) Delta Bank only.
D) Corky, Delta Bank, and Electric Company.

Correct Answer:

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