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If a Bank Does Not Dishonor an "On-Us" Item by the Opening

question 58

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If a bank does not dishonor an "on-us" item by the opening of the second banking day following its receipt, the check is considered paid.


Definitions:

Superfund

A federal government program established to fund the cleanup of toxic waste sites.

Hazardous Waste Disposal Sites

Hazardous waste disposal sites are facilities designated for the safe treatment, storage, and disposal of hazardous wastes, ensuring environmental protection and public health safety.

Environmental Violations

Acts that go against regulations designed to protect the environment, such as illegal dumping of waste or emissions exceeding legal limits.

Environmental Protection Agency

The Environmental Protection Agency (EPA) is a U.S. federal agency responsible for protecting human health and the environment by enforcing environmental laws.

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