Debit Cards and E-Checks Are Not Money Because

question 73

Multiple Choice

Debit cards and e-checks are not money because

• A)they can be forged easily.
• B)they can fail their purpose of being mediums of exchange as a result of technical difficulties.
• C)they are just instruments to transfer money between people.
• D)not all banks offer them and not all businesses accept them.
• E)they are not regulated by the government.

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Definitions:

Appreciation

Recognition and enjoyment of the good qualities of someone or something.

Interpersonal Differences

Variations among individuals in a group due to their distinct characteristics, behaviors, or attitudes.

Affirmative Action

A policy or a set of actions designed to promote equal opportunity for historically disadvantaged groups within employment, education, and other areas.

Future Discrimination

The act of unfairly treating individuals or groups based on predicted future characteristics, actions, or behaviors which have not yet occurred.