A(n) ________ Is a Kind of Certificate of Guaranteed Payment

question 21

Short Answer

A(n) ________ is a kind of certificate of guaranteed payment that can be purchased from banks and post offices and from some convenience stores.

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Definitions:

E-Mail

Allows information to be sent electronically through a system that delivers the message immediately to any number of recipients.

Markup

The dollar amount added to the product cost to determine its selling price.

Product Cost

The total expense incurred to produce and deliver a product to the market, including raw materials, labor, and overhead costs.

Selling Price

The amount of money for which a product or service is sold to the customer.