A(n) Is an Unsigned, Nonnegotiable Check Drawn on the Local

question 70

Multiple Choice

A(n) is an unsigned, nonnegotiable check drawn on the local collection bank and payable to the concentration bank.

• A)pre-authorized check
• B)bankers acceptance check
• C)special remittance
• D)mail depository transfer check

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Definitions:

Social Support

The perception or reality of assistance and solidarity available from others, which can be emotional, informational, or material.

Convenience Store

A small retail business that sells everyday items such as groceries, snacks, and beverages, often with extended operating hours for customer convenience.

Target of Robbery

The specific person, group, or location that is the intended victim of a robbery.

Neighboring Stores

Retail locations situated next to each other, potentially influencing each other's customer flow and business performance due to proximity.