The risk associated with a retailer accepting payment for goods in cash is that,while payment is immediate,the money may be counterfeit.
Correct Answer:
Verified
Q42: A written contract that contains an unconditional
Q45: A promissory note is a written order
Q47: A cheque is the most common example
Q52: The contract that specifies the rights and
Q53: The relationship between a bank and its
Q54: An assignment is a written promise to
Q54: With respect to the party bearing the
Q59: The banks duty to honour cheques and
Q61: List the electronic options offered by banks
Q61: Describe the various models for electronic cashless
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents