What Is the Term Given to a Specification That a Cheque

question 29

Multiple Choice

What is the term given to a specification that a cheque can only be deposited to a particular account in the name of the payee:

• A)Specified limitation
• B)Restrictive endorsement
• C)Executory direction
• D)Key endorsement
• E)Key direction

---

Definitions:

Health Care

The organized provision of medical services to individuals or communities to maintain or improve their health.

Household Budget

A budgeting strategy that distributes anticipated personal earnings into categories for spending, saving, and paying off debts.

Price Elasticity

An assessment of the sensitivity of the demand for an item to shifts in its cost.

Strawberry Ice Cream

A frozen dessert made from dairy ingredients such as milk and cream, sweetened and flavored with strawberries.