To Pay for a New Desk Bought at Office Outlet

question 54

Multiple Choice

To pay for a new desk bought at Office Outlet, Pete makes a check pay?able to "Offs Outlet." A proper indorsement of the check is

• A) "Office Outlet" only.
• B) "Offs Outlet" only.
• C) "Office Outlet" or "Offs Outlet."
• D) "Pete" only.

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Definitions:

Insurance

A financial product sold by companies to individuals or entities to protect against financial loss or damage from specified risks.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 1 indicates certainty.

Insurance

A financial product that provides protection against financial losses from various risks like accidents, illnesses, or property damage.

Guaranteed Income

A system of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions.