Kinn's Chapter 23
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| disclaimer | A denial of responsibility; a denial of a legal claim.
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| drawee | A bank or facility on which a check is drawn or written.
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| drawer | The person who writes a check.
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| e-banking | Electronic banking via computer modem or over the Internet.
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| endorser | The person who signs his name on the back of a check for the purpose of transfering title to another person.
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| holder | The person who presents a check for payment.
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| maker | Any individual, corporation, or legal party who signs a check or any type of negotiable instrument.
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| m-banking | Banking through the use of mobile devices, such as cell phones and wirelles Internet services.
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| negotiable | Legaly transferable to another party..
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| payee | The person named on a draft or check as the recipient of the amount shown.
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| payer | The person who write a check in favor of the payee.
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| power of attorney | A legal statement in which a person authorizes another person to act as his attorney or agent.
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| principal | A capital sum of money due as a debt or used as a fund for which interest is either charged or paid.
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| reconciliation | The process of proving that a bank statement and checkbook balance are in agreement.
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| Uniform Commercial Code (UCC) | A unified set of rules covering many business transactions. It regulates the fields of sales and goods;commercial paper,such as checks;secured transactions in personal property;and particular aspects of banking.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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