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The phenomenon of transfer-appropriate processing effect suggests that:
Certified Check
A check that is accepted by the bank from which the funds are drawn.
Accepted
A term indicating that an offer has been formally agreed to, creating a binding contract between parties.
Check
A special draft that orders a bank (the drawee) to pay a specified sum of money to the payee from the drawer’s account.
Blank Endorsement
A payee’s or last endorsee’s signature on a negotiable instrument.
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