Answered: Checks are: a. Not a means of payment…

Checks are: a. Not a means of payment b. Not money c. Not a promise of any kind d. Not acceptable by the U.S. Government for payment of taxes

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter4: Going Into Debt

Section: Chapter Questions

Problem 9AA

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Question

Checks are:

a. Not a means of payment

b. Not money

c. Not a promise of any kind

d. Not acceptable by the U.S. Government for payment of taxes

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