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The table given below describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.
Table 14-4
-Which of the following can be concluded from the information given in Table 14-4?
Payor Bank
The bank that is responsible for paying the draft or check written by a depositor.
Uncertified Check
A check that has not been verified or guaranteed by the bank upon which it is drawn.
Provisionally Credits
Temporarily recorded credits in an account that are subject to confirmation.
Payment Final
The conclusive settlement of a debt or obligation, which prevents any future claims or demands for payment.
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