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Title: Negotiable Instruments Article Review

Essay Details

Subject: Business
Author: Carl R
Date: May 26, 2013
Level: University
Grade: A
Length: 2 / 372
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

This Act allows the use of a substitute check as a negotiable instrument, rather than a paper check. The substitute check is a legal tender and the equivalent of a paper check as long as it fulfills two requirements. The first is that the substitute check must be an accurate representation of both the front and the back of the paper check...

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The first is that the substitute check must be an accurate representation of both the front and the back of the paper check. It must also include a legend stating that this substitute check may be used in the same way as the original check and that the substitute check should be considered a legal copy...

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