The Action of Sending Money in Payment of a Bill

question 13

Multiple Choice

The action of sending money in payment of a bill is called a/an:

• A)Activity.
• B)Transaction.
• C)Remittance.
• D)General journal entry.
• E)None.

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Definitions:

Copyright Protection

Legal rights granted to creators for their original works, preventing unauthorized use or distribution for a certain period.

Patent Rights

Exclusive legal rights granted to an inventor or assignee to make, use, sell, and distribute an invention for a certain number of years.

Trademarks

Legally registered symbols, names, or expressions used to identify and protect the brand or products of a particular trader from being copied or used without permission.

Criminal Law

Law that governs and defines those actions that are crimes and that subjects persons convicted of crimes to punishment imposed by the government, such as a fine or jail time.