A Disadvantage of the Channel Access Method of Demand Priority

question 28

Short Answer

A disadvantage of the channel access method of demand priority is that it has a(n) ____________________ point of failure.

---

Definitions:

Note Receivable

A written promise that a specified amount of money, plus potentially interest, will be paid by one party to another by a specific date.

Maker

In finance, the party that creates or issues a financial instrument, such as a check.

Principal

The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.

Accounts Receivable

Money owed to a business by its clients for goods or services delivered but for which payment has not yet been received.