Stores Need Not Accept Your Check but Must Accept Currency

question 2

Multiple Choice

Stores need not accept your check but must accept currency because

• A)currency is backed by gold.
• B)checks are not money but currency is.
• C)currency is legal tender;checks are not.
• D)currency is easier to handle.
• E)currency is a medium of exchange;checks are not.

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Definitions:

Departmentalization

The grouping of jobs into working units usually called departments, units, groups, or divisions.