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MATCHING Identify the Type of Power Base Associated with Each of of the Following

question 26

Multiple Choice

MATCHING
Identify the type of power base associated with each of the following.

-Legitimate


Definitions:

Credits Account

A financial record that boosts a liability or equity account, or lowers an asset or expense account.

Drawee

The party in a bill of exchange who is directed to pay the specified amount, typically a bank.

Co-signer

An individual who signs a loan or credit application with another person, promising to pay the debt if the primary borrower does not.

Drawer

In financial transactions, the person who writes or the entity issuing a bill of exchange, cheque, or draft.

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