In a debit card system, the _____
a. customer can either pay the full amount due immediately or defer payment
b. customer is not billed until his or her billing cycle date
c. retailer still has the risk of customer nonpayment
d. purchase price is automatically deducted from a consumer's bank account and then entered into the retailer's account through a computer terminal
d
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A) utilizing idle workforce B) secrecy of design C) providing known and competitive prices D) all of the above E) A and B only
Which of the following are not checkable deposits?
A) Savings accounts B) Small-denomination time deposits C) Negotiable order of withdrawal accounts D) All of the above E) Only A and B of the above