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Table 22-5
-Refer to Table 22-5.The table shows the preferences of four types of voters over four possible outcomes: W,X,Y,and Z.In addition,the table shows the percentage of voters of each type.Suppose that,for some reason,W is eliminated as a possible option.Using a Borda count election,with 3 points for the best choice,2 points for the second best choice,and 1 point for the last choice,which outcome would win this election?
Electronic Fund Transfer
A digital transaction that moves funds from one account to another without the use of cash or paper checks.
Overdraft
An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero, leading to a negative balance.
Dishonored Check
A check that a bank refuses to pay or clear, typically because there are insufficient funds in the account on which it is drawn.
Certified Check
A personal check guaranteed by the issuing bank, ensuring that the check writer has sufficient funds for the check to clear.
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