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1 . Which of the following is true of a bad - check statute ? A . Bad - check statutes are effectively used as

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1 . Which of the following is true of a bad - check statute ? A . Bad - check statutes are effectively used as a means of collection . B . The payee isn't obligated to inform the drawer of the nonpayment of the check . C . The drawer bank can prosecute the payee in case of dishonor of a check . D. The payee can prosecute the drawer immediately after being notified of a bad check by the drawer bank

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