An Example of a Unilateral Transfer Is

question 238

Multiple Choice

An example of a unilateral transfer is

• A)a gift to a relative who lives abroad.
• B)a check received in payment for an import.
• C)gold payments to foreign companies.
• D)SDR payments to world creditors.

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Definitions:

Recurring Transactions

Transactions that automatically repeat according to a set schedule, common in billing and subscription services.

Scheduled

Planned or predetermined; refers to tasks, activities, or payments set to occur at a specific time or date.

Unscheduled

Refers to events or activities, such as payments or transactions, that occur without a predetermined or set time frame.

Reminder

A tool or alert designed to prompt an individual to recall or take action on a particular task or event.