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In the United States, there are many more people in the upper class than in the lower class.
Sales Contract
A legal agreement between two parties for the exchange of goods, services, or property for payment.
Buyer Payment
The act of providing money or consideration by a buyer to a seller in exchange for goods, services, or property.
Depositary Bank
A financial institution that holds assets or securities in custody for its clients, facilitating trading and safekeeping of these assets.
Payor Bank
The bank on which a check is drawn, responsible for paying the check when it is presented for payment.
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