An arrangement that protects a customer who writes a check or uses a debit card for an amount that exceeds the checking account balance is called
A) liquid investment.
B) stop payment.
C) overdraft protection.
D) automatic transfer.
Answer: C
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Tarco is a manufacturer and national distributor of spark plugs. It charges $8 per set for its
plugs. Reemco manufactures and distributes spark plugs on the East Coast. In order to get customers away from Tarco, Reemco sells its plugs in New York City for $7 per set. Tarco learns of this and drops its prices to $7 per set only in New York. A Los Angeles customer of Tarco learns of this and sues Tarco for price discrimination. What is the most likely outcome? A) This is legal because of cost justification. B) This is legal because of meeting the competition. C) This is legal because of changing conditions. D) This is illegal price discrimination.
What are the four steps in dynamic programming?
What will be an ideal response?