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valputin valputin
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8 years ago
Compared to an electronic payments system, a payments system based on checks has the major drawback that
A) fraud may be more difficult to commit when paper receipts are eliminated.
B) checks are less costly to process.
C) legal liability is more clearly defined.
D) checks take longer to process, meaning that it may take several days before the depositor can get her cash.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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