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ELEN [110]
3 years ago
5

What is a third party check? (bank type of check)

Business
2 answers:
Scrat [10]3 years ago
5 0
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.
natka813 [3]3 years ago
5 0

The third party is the payee who endorses the check.

A check negotiated to the bank, except one payable to the writer of the check, there is, a check written check.
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Option (C) is correct.

Explanation:

The total revenue test is generally applicable to determine the demand for the product is elastic or inelastic.

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There is no need to test the elasticity for supply of the products own company. Also, there is no need to test the capability or ability or willingness of its suppliers.

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Answer:

See calculations below

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