_____ Are a Payment Mechanism That Are Similar to Regular

question 107

Multiple Choice

_____ are a payment mechanism that are similar to regular bank cheques but are transmitted electronically, with a signature in digital form.

• A)Electronic cheques
• B)Electronic credit cards
• C)Electronic cash transactions
• D)Electronic wallets
• E)Electronic debit cards

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Definitions:

Charitable Purposes

Activities undertaken with the aim of providing relief to the poor, advancing education, or other acts benefiting the community without profit motive.

Formalities

Specific procedures or requirements that must be observed in legal transactions, such as contracts or the execution of a will.

Void

A term describing a contract or legal agreement that has no legal effect and cannot be enforced by law.

Bequest

In a will, a gift of personal property or money. Also called a legacy.