A System of Shortening the Trip a Bill of Exchange

question 20

Multiple Choice

A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then to the drawer is called .

• A)automated truncation
• B)credit truncation
• C)payment truncation
• D)check truncation

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Definitions:

Structural Conduciveness

The extent to which social structures allow for, or facilitate, certain behaviors or developments.

Social Control

Mechanisms, strategies, and institutions society employs to regulate individual behavior, maintaining order and conformity.

Mobilization

The process of assembling and organizing resources or people for action or deployment.

Resource Mobilization Theory

A theory in social movements that emphasizes the importance of resources, such as money, labor, and materials, for the success of social movements.