_________ Lockbox Systems Will Likely Be Phased Out as Companies

question 12

Multiple Choice

_________ lockbox systems will likely be phased out as companies increasingly use electronic corporate trade payments.

• A)Retail
• B)Wholesale
• C)Network
• D)ACH

---

Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.