In Payment for a Shipment of Fittings, Retool LLC Offers

question 32

Multiple Choice

In payment for a shipment of fittings, Retool LLC offers Supply Company a cashier's check. A cashier's check functions the same as cash because

• A)the bank has committed itself to paying the stated amount on demand.
• B)the party to whom the check is payable is the bank.
• C)the bank on which the check is drawn is not the drawer.
• D)a check is not a debt-it is only the evidence of a debt.

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Definitions:

Crowdsourcing

The practice of obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.

Decision Process

The sequence of cognitive operations or steps taken by individuals or groups in choosing among alternatives to reach a decision.

Alternative Solutions

Refers to various options or methods available for solving a problem or achieving an objective.

Crowdsourcing

Crowdsourcing involves obtaining ideas, services, or content by soliciting contributions from a large group of people, especially an online community.