Which of the Following Is an Example of a Transaction

question 140

Multiple Choice

Which of the following is an example of a transaction that might occur in business-to-business marketing?

• A) Maurice buys a new razor on his way home from work.
• B) The amateur gardener buys a new wheelbarrow.
• C) The retail outlet buys athletic shoes to sell in its store.
• D) The professional chef bakes a birthday cake for her son.
• E) Robyn's mother hires a math tutor to help Robyn pass algebra.

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Definitions:

EFT Payments

Electronic funds transfer payments involve moving money from one account to another without the exchange of physical money.

Authorize

To give official permission or power to do something.

Bank Statement

A document provided by a bank that summarizes an account holder's financial transactions over a specified period.

Unauthorized Check

An unauthorized check is a check that has been written and signed without the permission or authority of the account holder, often considered a form of fraud.