​There Are Precautions to Be Observed When Accepting Checks

question 32

Multiple Choice

​There are precautions to be observed when accepting checks.Match whether the following statements are considered a best practice (good policy) or not a best practice (not good policy) .Note: Answers may be used more than once.
-​Visible fibers of various lengths and color complicate copying,and invisible fibers can be viewed from either side of the paper using black (UV) light

• A)​warning bank
• B)​MP logo
• C)​padlock icon
• D)​security screen
• E)​toner adhesion
• F)​chemical reactive paper
• G)​prismatic multicolored background
• H)​secure document check face
• I)​colored pantograph
• J)​foil hologram
• K)​visible or invisible fibers
• L)​thermochromic heat-sensitive icon

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Definitions:

Competitive Equilibrium

A state in a market where demand equals supply, meaning that there's no excess supply or demand at the current price.

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making someone else worse off, maximizing societal welfare.

Deadweight Losses

Deadweight losses occur in an economy when the total welfare is not maximized, often resulting from inefficiencies such as taxes, subsidies, price controls, or monopolistic market practices.

Consumer Surplus

The divergence between what consumers are able and willing to shell out for a product or service and the actual cost they incur.