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A Check Received After Banking Hours Is Considered Constructively Received

question 25

True/False

A check received after banking hours is considered constructively received by the payee even though the check cannot be converted to cash.


Definitions:

GUI Program

Software applications that use a graphical user interface for interaction with the user, allowing for more intuitive control and data manipulation.

Radius

The distance from the center to the boundary of a circle, sphere, or other rounded geometric figure.

Surface Area

The total area of the outer surface of a three-dimensional object.

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