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Exclusive distribution decreases price competition among retailers.
Drawee
A person on whom a draft is drawn by the drawer.
Checking Account
A bank account from which money can be withdrawn or deposited, often used for daily transactions such as paying bills or receiving payroll deposits.
Drawer
The maker of a draft.
Drawee
The party, typically a bank or financial institution, upon whom a cheque or draft is drawn and is responsible for paying the specified amount to the holder or bearer of the instrument.
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