________ Is/are the External and Internal Circumstances That Surround the Business

question 300

Multiple Choice

________ is/are the external and internal circumstances that surround the business.

• A) The business environment
• B) The factors of production
• C) The business corral
• D) The business disciplines

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Definitions:

Depository Bank

A financial institution where securities and assets are stored and managed on behalf of their clients.

Holder in Due Course

A person or entity that has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be used against the original payee.

Stop-Payment Order

An order by a drawer that instructs the drawee bank not to pay an issued check.

UCC

The Uniform Commercial Code (UCC) is a set of laws that provide legal standards and regulations for commercial transactions and dealings across the United States.