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5 Written questions

5 Matching questions

  1. direct deposit
  2. grace period
  3. maturity
  4. difficult customer
  5. money market instruments
  1. a stipulated time, following the date on which payment is due, during which no late fee is charged
  2. b private and government obligations with a maturity of one year or less
  3. c the date on which a note, draft, acceptance, or bond becomes due and payable
  4. d program whereby a check issuer delivers the check directly to the payee's bank for credit to his or her account
  5. e a customer who presents problems that cannot be solved, expresses anger, or displays disruptive behavior

5 Multiple choice questions

  1. transfer of the possession of an item from one person to another
  2. cash in teller's drawer at the end of the day
  3. loan on which the principal and the finance charges are repaid in fixed payments for a predetermined number of months
  4. the amount paid by a borrower to a lender in exchange for the use of the lender's money over a certain period
  5. business contract by which a borrower and lender enter into an agreement

5 True/False questions

  1. on us checka bank's term for a check presented to it for deposit or payment but drawn on another bank

          

  2. on other checka term used by a bank for a check drawn on the bank and presented to that bank for deposit or payment

          

  3. makerthe restriction of payment of part or all of the funds in an account

          

  4. depositbusiness contract by which a borrower and lender enter into an agreement

          

  5. lendingbusiness contract by which a borrower and lender enter into an agreement