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Explain What the African Transition Zone Is and How It

question 59

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Explain what the African Transition Zone is and how it affects the countries of West Africa.


Definitions:

Payor Bank

A bank that is responsible for paying the checks or drafts of the person or entity that holds an account with them.

Drawn

Refers to the process of creating or producing something, usually in the context of drafting legal documents or pulling a negotiable instrument like a check.

Endorsement

The act of publicly supporting or approving something, or a legal amendment to a document or agreement, often seen in insurance policies or bank checks.

Forged

Created, altered, or imitated with the intent to deceive; typically refers to documents, signatures, or art.

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