Modern Economics as a Field of Study Is Usually Thought

question 96

Multiple Choice

Modern economics as a field of study is usually thought to have begun with

• A) Adam Smith and the writing of The Wealth of Nations.
• B) David Ricardo and the writing of The Principles of Political Economy and Taxation.
• C) Aristotle and the writing of Politics and Ethics.
• D) Moses and the Ten Commandments.

Grasp the implications of the Check 21 Act for banks and customers, including the handling of electronic checks.

Identify legal principles and bank policies on the handling of checks and stop-payment orders as illustrated through case law.

Understand the roles and responsibilities of banks and customers under the Electronic Funds Transfer Act.

Learn about different truncation processes and their significance in banking transactions.