In the History of Banking,warehouse Receipts Refer to Receipts

question 43

Multiple Choice

In the history of banking,warehouse receipts refer to receipts

• A) that goldsmiths once issued acknowledging that they held a customer's gold.
• B) for storing furniture in a warehouse.
• C) goldsmiths issued to each other when they borrowed gold.
• D) for storing food and other perishables in a warehouse.

---

Definitions:

Effective Communication

The process of exchanging information, thoughts, and feelings in a way that is clear, concise, and understood by all parties involved.

Organizational Members

Individuals who belong to and participate in the structure of an organization, contributing to its culture and goals.

Better Future

A forward-looking aspiration or hope for improved conditions, success, and well-being in personal life or society at large.

Persuade People

The act of convincing or influencing others to adopt a particular stance, belief, or course of action through logical argumentation, appeal to emotions, or other techniques.