Which of the Following Resemble Checks, but Differ in That

question 100

Multiple Choice

Which of the following resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a bank?

• A) Drafts
• B) Concentration banking
• C) Wire transfers
• D) Zero-balance account

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Definitions:

Marital Status

Marital status indicates a person's legal relationship status, such as single, married, divorced, or widowed, often influencing legal rights and obligations.

Peremptory Challenge

A right in jury selection for the defense or prosecution to reject a certain number of potential jurors without stating a reason.

Challenge For Cause

A request during jury selection for the removal of a prospective juror based on specified reasons indicating the juror cannot be impartial.

Voir Dire

A legal procedure in jury selection where attorneys question prospective jurors to identify potential biases or conflicts of interest.