What Type of System Allows a Customer's Bank to Periodically

question 1

Multiple Choice

What type of system allows a customer's bank to periodically transfer funds from its account to a selling firm's bank account for payment of bills?

• A) Disbursement agreement.
• B) Preauthorised debit system.
• C) Lockbox agreement.
• D) Concentration banking system.
• E) Zero-balance account.

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Definitions:

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of one's own gender.

Religious Right

A political grouping and ideology in the United States that combines conservative policies, evangelical Christianity, and a focus on traditional family values.

Antigay Violence

Hostile or aggressive acts directed towards individuals or groups based on their actual or perceived sexual orientation, specifically targeting those identifying as or perceived to be homosexual.

Repressed Homosexual

A term describing someone who is attracted to the same sex but does not consciously acknowledge or express their sexuality, often due to societal or personal pressure.