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A depositary bank is best defined as: A.)The last bank that makes payment on or accepts a negotiable instrument. B.) The first bank to which

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A "depositary bank" is best defined as: A.)The last bank that makes payment on or accepts a negotiable instrument. B.) The first bank to which an item is transferred for collection. C.) Every bank that has a policy of accepting certified checks for deposit. D.)A bank that accepts deposits but does not transfer items for collection

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