Third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.
Good Samaritan statutes
Answer: Option E.
<u>Explanation:</u>
A good Samaritan is an individual who offered help on an intentional premise during a crisis. In spite of the way that an individual should offer first help except if it is an aspect of their responsibilities portrayal. Gabe was qualified in light of the fact that he has had CPR and medical aid classes previously and effectively revived the person in question. He can protect himself with the Good Samaritan resolution.
It offers lawful insurance to somebody who rendered help and made a blunder like Gabe when he unintentionally broke two of the exploited people ribs.
Answer:
d. negative relation between the real interest rate and investment.
Explanation:
The demand curve for loanable funds is a downward sloping curve, with interest as the independent variable.
Such because 'demand' for 'investment' i.e loanable funds is inversely related to 'price' of loanable funds i.e their interest.
- At higher interest rate : loanable funds & investment is expensive, so it is demanded less
- At lower interest rate : loanable funds & investment is cheaper, so it is demanded more.
Answer:
b. False
Explanation:
A good is said to be 'normal' by economists if an increase in consumers' income bring about increase in demand for the good.
In other words, consumers will buy more of those goods when they have sufficient money due to availability of income.
Example of normal good is when the demand for household appliance like TVs or expensive clothes increases due to increase in income of consumers.
Whereas for an inferior good, demand for such good decreases as consumers' income increases.
