Examlex

Solved

A ________ Check Is a Draft on Which the Drawer

question 80

Multiple Choice

A ________ check is a draft on which the drawer and drawee are the same bank (or branches of the same bank) .


Definitions:

Self-interest

The motivation by individuals to pursue actions or goals that are beneficial to themselves.

Common Good

A concept that refers to either policies or actions that benefit all members of a given community or society.

Veto Power

The authority to reject or prohibit proposals or laws, often held by a president, governor, or other leader.

Separation of Powers

The division of a state's government into branches, each with separate, independent powers and responsibilities, to prevent abuse of power and to provide a system of checks and balances.

Related Questions