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A Wider Use of Charge Accounts and Credit Cards Have

question 79

True/False

A wider use of charge accounts and credit cards have reduced the demand for "walking-around" money.


Definitions:

Bill of Lading

A bill of lading is a legal document issued by a carrier to the shipper, detailing the type, quantity, and destination of the goods being transported.

SFC

Stands for Securities and Futures Commission, a regulatory agency overseeing securities and futures markets for integrity and protection against malpractice.

Nautical Navigation

The process and practice of charting a course for ships, boats, and other watercraft over bodies of water.

International Trade

The exchange of goods, services, and capital across international borders or territories.

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