Which of the following is NOT true about demand deposits?
a. A person carrying checks does not have to worry about the loss of currency.
b. Deposits at banks can be drawn immediately without prior notice.
c. A holder can require a bank to pay another person the amount written on a check, provided the account has enough money in it.
d. Checks are used over 50 percent of the time in financial transactions conducted in the United States.
e. If a bank does not have enough money to cover the amount of the check, it is referred to as insufficient funds.
d. Checks are used over 50 percent of the time in financial transactions conducted in the United States.
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Secondary data are data collected for some purpose other than the problem at hand
Indicate whether the statement is true or false
The disadvantages of using mail interviews to collect research data include all of the following EXCEPT:
A) high interviewer bias. B) limited to simple questions. C) low sample control for cold mail. D) no control of environment. E) low speed.
Another name for a salesperson is a(n):
A. stakeholder supervisor. B. customer contact person. C. counter trader. D. transaction manager. E. exchange coordinator.
Which philosopher argued that we make better ethical decisions if we develop character traits and virtues, rather than by making right choices to follow rules and principles?
A. Kant B. Rawls C. Mills D. Aristotle