An Overdraft Agreement Allows a Firm to Overdraw Its Bank

question 5

True/False

An overdraft agreement allows a firm to overdraw its bank account up to the limit of its credit line.

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Definitions:

AAfPE

The American Association for Paralegal Education, an organization dedicated to promoting quality paralegal education and training programs.

Educational Standards

Official specifications regarding what students should know and be able to do at various stages of their education.

ABA Standards

Guidelines and standards set forth by the American Bar Association to ensure professional conduct and quality legal education among its members and affiliated institutions.

Certified Paralegals

Individuals who have met specified educational and testing criteria to prove their qualifications in legal tasks and responsibilities.