Correct Answer: A special type of contract for the payment of money capable of transfer by negotiation
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Retail Banking Industry And Processes Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Retail Banking Industry And Processes MCQ Questions
What amount would a customer be covered for by the FDIC if he/she had $250,000 in savings at Bank XYZ, and also $50,000 in a retirement account with the same bank?
What amount would a customer be insured for if they made deposits to their accounts at three different locations of their bank?
What is an example of 'restrictive endorsement'?
What is meant by the term "Clearing House"?
When was the FDIC established?
Checking all bank account papers to make sure that the bank records and your records agree is known as:
What is the current maximum limit that the FDIC will insure any one person at a bank for?
What is meant by the term "Amortization"?
What does the term "Netting" mean?
What is a secondary way through which banks earn money?