Examlex
Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Easy and cheap to organize
Interest Bearing Account
A bank account that yields interest income on the deposited funds over time, offering a return to the account holder.
Disburses Cheques
The process of issuing and distributing checks by an individual or entity, usually for payment purposes.
Transfer
The act of moving assets, securities, or other valuables from one party to another.
Lockbox System
A service provided by banks to companies for the collection of payments from customers, involving the use of a special post office box to speed up the deposit process.
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