Which of the Following Results in a Positive Externality

question 144

Multiple Choice

Which of the following results in a positive externality?

• A) Going to the beach
• B) Recycling waste
• C) Buying a room heater
• D) Following a healthy lifestyle

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Definitions:

Float Time

The period between when a check is deposited into a bank account and the time the funds are available for use.

Substitute Check

A digital reproduction of an original paper check that is legally considered the same as the original for processing payments.

Collection Process

The steps taken by creditors to collect debts owed to them by debtors, which may include notifications, negotiation, and legal action.

Unauthorized Indorsement

An endorsement made without the authority or permission of the party holding negotiable instruments, affecting the instrument's validity.