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Briefly explain how marketers play a significant role in our view of the world and how we live in it. Give a specific example.
Certified Cheque
A cheque guaranteed by a bank, indicating that the signer has enough funds in their account to cover the amount of the cheque.
Bills Of Exchange Act
A law that governs the creation, transfer, and effects of a bill of exchange, which is a written order used in international trade requiring one party to pay a fixed sum of money to another party on demand or at a predetermined date.
Drawer
In the context of checks and negotiable instruments, the entity that writes and signs a check, instructing the bank to pay the stated amount to the party named on the document.
Payee
The party in a financial transaction who receives the payment.
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