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Which of the following is an advantage of using an innovative strategy?
Depositary Institutions
Financial institutions that accept deposits from customers and provide banking services like loans and payment transactions.
Stop-payment Order
An order given to a bank by an account holder not to honor a specific check or payment, often used in cases of lost checks or disputes over payment.
Six Months
A time frame consisting of approximately 180 days or half a year.
Drawer
The person or entity that writes or issues a check, making an order to a bank to pay a specified amount of money to the party named or to the bearer.
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