Measuring Behavior Often Means Assessing the Aspects of What, Where

question 16

True/False

Measuring behavior often means assessing the aspects of what, where, when, and how often

---

Definitions:

Float Time

The period between when a check is deposited into a bank account and the time the funds are available for use.

Substitute Check

A digital reproduction of an original paper check that is legally considered the same as the original for processing payments.

Collection Process

The steps taken by creditors to collect debts owed to them by debtors, which may include notifications, negotiation, and legal action.

Unauthorized Indorsement

An endorsement made without the authority or permission of the party holding negotiable instruments, affecting the instrument's validity.