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Piecework is appropriate when
Nonbank Public
Refers to individuals and entities that are participants in the economy and financial system but do not include regulated banking institutions.
Traveler's Checks
A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of the payee's acceptance.
Credit Card
A payment card issued by financial institutions that allows the cardholder to borrow funds for purchases or cash advances, subject to a line of credit.
Loan Issuer
An entity, such as a bank or financial institution, that provides loans to borrowers under agreed terms and conditions.
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