The Term "Issuer

question 6

Multiple Choice

The term "issuer"

• A)is not used in relation to commercial paper.
• B)is an all-purpose term that means both maker and drawer.
• C)is synonymous with drawee.
• D)is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.

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Definitions:

Geographically-Based Structure

An organizational structure that assigns responsibilities based on geographical divisions or territories.

Matrix Structures

An organizational structure that creates project-based teams from different departments for more dynamic and flexible operations.

Divisional Structure

An organizational structure that groups departments based on similar products, services, customers, or geographic locations.

Functional Structure

This organizational structure groups employees based on their job functions, allowing for specialization and efficiencies within departments but can also lead to silos of communication.