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Case-Based Critical Thinking Questions
Case 3-2
In PowerPoint 2016, Bella is learning how to merge shapes. She has merged one shape with the help of a co-worker, and is now ready to try it on her own.
-To merge shapes, Bella knows that she must first select _____.
Payor
A payor, in financial transactions, is the party that makes a payment to another party, the payee, often in fulfillment of an obligation such as a bill, loan, or settlement.
Acceptor
The party who agrees to pay a bill of exchange, such as a draft or check, upon its presentation.
Primarily Liable
Being the first or main party responsible for fulfilling an obligation or debt.
Notice Of Dishonor
A formal notification that a negotiable instrument, such as a check or promissory note, has been presented for payment and refused.
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