A Bank Account That Permits Direct Payment to a Third

question 132

Multiple Choice

A bank account that permits direct payment to a third party is a

• A)Savings account.
• B)Transactions account.
• C)Money market mutual fund.
• D)Traveler's check.

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Definitions:

Whiner

A person who frequently complains or expresses dissatisfaction in a petty or nagging manner.

Management-Labor Union Disputes

Conflicts that arise between company management and labor unions regarding worker rights, wages, and working conditions.

Mediation

A form of alternative dispute resolution where a neutral third party helps disputants find a mutually acceptable solution.

Compulsory Arbitration

A mandatory process where a neutral third party makes a binding decision to resolve a dispute.