Which of the Following Is Most Likely to Influence the Arrangements

question 49

Multiple Choice

Which of the following is most likely to influence the arrangements concerning the issue of cheques and instructions for payment by the customer?

• A) banking practice
• B) a bank-customer agreement
• C) a banking agreement
• D) an operation of account agreement

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Definitions:

Unanimous Consent

Agreement on a matter by all members of a group, committee, or assembly without any opposition.

Manage the Business

The process of overseeing and making decisions about the operations, finances, and strategy of a business to ensure its success and sustainability.

Three Partners

Refers to a business structure where three individuals engage in a partnership to conduct business together.

Single Person

An individual not currently in a legal marriage or similar partnership; also refers to entities or businesses owned by one person.