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Which of the following are examples of altruism?
I. saving for your child's education
II. volunteering at a community health center
III. donating money to Doctors Without Borders, a nongovernmental organization that provides urgent medical care to people around the world
Charge Account
An arrangement allowing customers to purchase goods or services on credit and settle the balance periodically, without immediate payment at each transaction.
Maker
The individual or entity that creates or signs a negotiable instrument, committing themselves to pay a specified amount of money to the payee or holder.
Primarily Liable
The primary obligation or responsibility to fulfill a debt or legal duty before others are considered liable.
Indorsers
Individuals who sign a negotiable instrument, other than as its maker, drawer, or acceptor, thereby assuming liability to future holders.
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