When a Customer Checks in at 11:00 A

question 14

Multiple Choice

When a customer checks in at 11:00 a.m.and checks out by 5:00 p.m., what rate would a hotel normally charge?

• A) A confirmed rate
• B) A rack rate
• C) A packaged rate
• D) A day rate

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Definitions:

Forger

An individual who commits fraud by creating or altering a document with the intent to deceive.

Negotiable Instrument

A signed document containing an unconditional promise or order to pay a specified sum of money to a designated person or to the bearer of the document.

Maker

In terms of financial instruments like checks or promissory notes, the maker is the party that promises to pay a certain amount of money.

Bearer

A person who is in possession of a negotiable instrument that is payable to the “bearer” or “cash” or that has been indorsed in blank.