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At the Beginning of the Month, Jack and Jill Had

question 27

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At the beginning of the month, Jack and Jill had $ 629 in a checking account. During the month, they wrote checks for $ 23 , $ 57 , and $ 58 . They made a withdrawal of $ 61 from the automatic teller machine, and they made deposits of $ 153 and $ 70 . How much money did they have at the end of the month? ​


Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize legislation across the states.

Course of Performance

The conduct between contracting parties that establishes a pattern of behavior, which can influence the interpretation of their contract's terms and obligations.

Substantially Impaired

Significantly reduced in ability or function, often referring to a state of physical or mental incapacity that affects one's legal rights or responsibilities.

Risk Passes

A term used in sales and contract law signifying the point at which the risk of loss or damage to goods transfers from the seller to the buyer.

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