The First Bank to Receive a Check for Payment Is

question 16

True/False

The first bank to receive a check for payment is the depositary bank.

---

Definitions:

Equivalence

The state of being equal in value, function, or meaning.

Psychic Value

The importance or significance that an individual attaches to objects, events, or relationships as per their emotional or unconscious investment.

Desires

Strong feelings of wanting or wishing for something to happen or be the case.

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof.