Examlex
Which of the following represents a compound?
Postdated Check
A check written with a future date, which cannot be cashed or deposited until that date.
Insufficient Funds
A situation where an account does not have enough money to cover transactions, resulting in a bounced check or declined payment.
Rental Contract
A legal agreement between a landlord and a tenant outlining terms, conditions, and duration of tenancy for a rental property.
Bad Check
A check that cannot be processed because the account on which it is drawn lacks sufficient funds.
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