Which of the Following Is Not an Impact of the Slowdown

question 47

Multiple Choice

Which of the following is not an impact of the slowdown occurring in China's economy?

• A)lower demand in materials such as steel, iron ore, and copper
• B)real estate market declining in Sydney, Australia
• C)money going out of Manhattan, New York
• D)falling community prices

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Definitions:

Notice Of Dishonor

A formal notification that a negotiable instrument, such as a check or draft, has been presented for payment and has been dishonored due to insufficient funds or other reasons.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, negotiable instruments, and secured transactions.

Collecting Bank

A bank that handles the presentation of payment documents, such as checks, for a depositor.

Endorser

A person who signs a negotiable instrument on the back to transfer ownership or to guarantee payment to someone else.