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Issued Accepted VALID HOLDER

YES
undated undated VALID YES IN DUE
COURSE

UNDATED CHECK WITH RIGHT DELIVERED IN


INFO? HOLDER GOOD
AUTHORITY FAITH
INDORSED

FILL UP
DELIVERED NOT A
BLANK NO INVALID NO HOLDER
INVALID IN DUE
COURSE
WITHOUT
INCOMPLETE INVALID
AUTHORITY
INSTRUMENT

UNDELIVERED NEGOTIATED INVALID


WITHOUT AUTHORITY

INVALID ENFORCEABLE
FORGERY DELIVERY

PROMISSORY BILLS OF
NOTE EXCHANGE

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