An Economic Order in Which Those Who Work with Information

question 6

Multiple Choice

An economic order in which those who work with information and knowledge fare best is known as a(n) ________ society.

• A) industrial
• B) postmodern
• C) postindustrial
• D) white-collar

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Definitions:

Proper Presentment

The formal process of presenting a document, such as a check or draft, to the appropriate party for payment or acceptance.

Certify A Check

Is the process by which a bank confirms that there are sufficient funds in the check writer's account to cover the amount written on the check, and so guarantees its payment.

Dishonor

The refusal or failure to accept or pay a bill of exchange, promissory note, or other negotiable instrument when due.

Primary Liability

The direct responsibility to pay or compensate for a loss or damage, without the necessity to seek contribution from others.