Which of the Following Is Not an Advantage of a Checking

question 79

Multiple Choice

Which of the following is not an advantage of a checking account?

• A) Stop payment services
• B) Overdraft protection
• C) Interest earned on balances that exceeds the rates offered on CDs
• D) Liquidity

Recognize the legal protections and defenses available in defamation cases, including absolute privilege.

Understand the torts related to property rights, including trespass to realty and personal property, and conversion.

Identify the legal consequences of engaging in unfair competition and interference with business relations.

Analyze the effects of tortious actions on personal and business reputations and the criteria for proving loss.

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Definitions:

Liabilities

Economic obligations or debts that an entity owes to external parties, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Assets

Properties or items owned by an organization or a person, which have value and can offer future advantages.

Additional Investment

Additional funds put into a business or project by its owners or investors to support operations, growth, or capital needs.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of the shareholders.