To Be Effective, Checks Must Be Executed on Forms That

question 34

True/False

To be effective, checks must be executed on forms that are printed expressly for that purpose and issued by a bank or other financial institution.

---

Definitions:

Total Utility

The total satisfaction received from consuming a particular quantity of a good or service.

Utility Schedule

A table showing different quantities of a good and the utility or satisfaction derived from each quantity, used to analyze consumer preferences.

Marginal Utility

Additional enjoyment or value experienced from consuming an extra unit of a good or service.

Marginal Utility

The extra pleasure or benefit a consumer receives from purchasing an additional unit of a product or service.