Examlex

Solved

A Retailer's Collection of High-Tech Gadgets and Electronic Equipment Encompasses

question 153

Multiple Choice

A retailer's collection of high-tech gadgets and electronic equipment encompasses the company's _____.


Definitions:

Authorized

Having official permission or approval to do something.

Drawer

In a transaction involving a check or draft, the drawer is the party that writes and signs the check, ordering the bank to pay a specified sum to the payee.

Depositor's Account

An account maintained at a bank or other financial institution where funds are held in the depositor's name and can include both checking and savings accounts.

Stop-Payment Order

A request made to a bank to cancel a check or payment that has not been processed yet.

Related Questions