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28. Kohn argues that giro payments a solution to the problem of bad checks because the payer's bank accept the payment order if there are
28. Kohn argues that giro payments a solution to the problem of bad checks because the payer's bank accept the payment order if there are insufficient funds in the payer's account. (p. 206) A. are not; will B. are not; will not C. are; will D. are; will not 29. Kohn's argument in the previous question is the one made by the BLJ reading in Unit 1. (Question 17 on Assignment 1) A. consistent with B. inconsistent with C. unrelated to 7 FIN 369 Kecton Fall 2022 30. In their recounting of the history of checks, Evans and Schmalensee say checks provided a preview of payment cards in that the wide acceptanee of checks in payments required 38) A. status as legal tender B. all consumets and merchants to have accounts at the same bank C. cooperation among both local banks and banks in different regions D. substantial government assistance to cover the costs of elearing checks
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