Services Vary as to Whether They Are Equipment Based or ________

question 115

Multiple Choice

Services vary as to whether they are equipment based or ________.

• A) service based
• B) people based
• C) process based
• D) historical based
• E) none of the above

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Definitions:

American Express

A multinational corporation specialized in payment card services, known for its credit card, charge card, and traveler's cheque businesses.

Consumer Credit Contract

A legal agreement between a borrower and a lender in which the borrower receives something of value now and agrees to repay the lender at a future date, usually with interest, under specified conditions.

Rights

Entitlements or privileges legally guaranteed to individuals or entities, underpinning their ability to perform or refrain from certain actions.

Negotiable Instrument

A signed document that promises payment to a specified person or assignee.