Lakeland Bank Certifies a Check That Subsequently Is Cashed by Pine

question 68

True/False

Lakeland Bank certifies a check that subsequently is cashed by Pine Federal Credit Union.Pine Federal Credit Union is not liable for any damages associated with the check.

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Definitions:

Data-entry Operators

Individuals responsible for inputting data into computer systems, often involving the transcription of information from paper formats.

Marginal Cost

The extra cost incurred from producing one additional unit of a good or service.

Marginal Product

The additional output that results from a one-unit increase in the input of a production factor, holding all other inputs constant.

Marginal Revenue Product

the additional revenue generated from using one more unit of a factor of production.