While Writing a Report,it Is Best to Spend Most of One's

question 23

True/False

While writing a report,it is best to spend most of one's time on sections primarily important to a reader,and one's own logic.

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Definitions:

Collecting Bank

A bank that handles the presentation of payment documents, such as checks, for a depositor.

Endorser

A person who signs a negotiable instrument on the back to transfer ownership or to guarantee payment to someone else.

Secondarily Liable

Refers to the obligation to pay a debt or fulfill an obligation only if the primary party responsible fails to do so.

Drawer

The party that writes or creates a bill of exchange, such as a check, commanding a payment to be made to a specified person or entity.