As a result of "Check 21-The Check Clearing for the 21st Century Act":
A. banks no longer have to ship paper checks to complete the process of check clearing.
B. the Federal Reserve is no longer involved in the check-clearing process.
C. people can write checks and plan on having a couple of days to make a deposit to cover the check amount.
D. canceled checks can no longer be used as proof of payment.
Answer: A
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