Which of the Followings Is a Common Factor in the Decline

question 14

Multiple Choice

Which of the followings is a common factor in the decline of the American automobile and steel industries?

• A)failure to make enough investment in new technology
• B)declining demand in industrializing countries
• C)lack of government regulation
• D)lack of unionized work force
• E)insufficient executive compensation

Understand the implications of not reporting unauthorized transactions or forgeries in a timely manner according to banking regulations.

Identify the forms and implications of electronic money in financial transactions.

Grasp the legal recovery options available when dealing with forged endorsements and unauthorized check payments.

Understand the concept and legal standing of substitute checks.

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Definitions:

Limited Liability

A principle where a company's shareholders are legally responsible for its debts only to the extent of the amount of capital they invested.

Capital Contributions

Funds or assets provided by owners or investors to increase a company's capital.

Capital Account

An account on a nation's balance of payments that records transactions involving the acquisition or disposal of assets.