What Is a P3

question 89

Multiple Choice

What is a P3?

• A) contractual agreements between a public office and the private sector
• B) public, private, personal investments pooled together
• C) promotion, publicity, and public relations
• D) profit, promotion, partnership

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Definitions:

Check Payment

A method of payment wherein the payer writes a check to the payee, who then deposits or cashes the check to receive the amount specified.

Teller's Check

A bank check that is drawn on the bank's own funds and signed by a cashier.

Drawer

The entity or person who writes or creates a check, thereby instructing the bank to pay the stated amount to the party named on the check.

Drawee

The party upon whom a check or draft is drawn, typically a bank, that is directed to pay a certain amount of money.