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Why Banks are institutions whose debts are accepted as payment of other people'liabilities?

Why Banks are institutions whose debts are accepted as payment of other people'liabilities?


What methods of payment are accepted on the Chicago Skyway?

The only methods of payment that are currently accepted on the Chicago Skyway are : Cash, EZPass, and IPass. Cash is only accepted if you drive through the "Cash Only" lane.


What are the accepted payment methods for this purchase, including the option to use a CC for credit card transactions?

The accepted payment methods for this purchase include credit card transactions, where you can use a credit card to make the payment.


What is similar between cash and credit card?

both widely accepted. globally accepted as payment


Can a Zelle payment be reversed through Chase?

Yes, a Zelle payment can be reversed through Chase if the recipient has not yet accepted the payment.


What payment methods are accepted for shipping, including credit card?

The accepted payment methods for shipping include credit cards, debit cards, PayPal, and sometimes cash on delivery.


Can I change my down payment amount after my offer has been accepted?

Typically, changing the down payment amount after your offer has been accepted can be challenging and may require renegotiation with the seller. It's important to carefully consider your options and consult with your real estate agent or legal advisor before making any changes.


Which of the following is not accepted as payment in the pawn shop?

casino chips


What values does the euro come in?

The euro is avalable in coins and banknotes. Coins are in the following denominations: 1, 2, 5, 10, 20, 50 cent, €1 and €2. Banknotes are in the following denominations: €5, €10, €20, €50, €100, €200, and €500. Some countries do not circulate 1 and 2 cent coins, however they are accepted as payment. Many business will not accept €200 and €500 notes, due to the impracticality of giving change at such a high value.


List some methods of payment and define each of them?

coins & notes : coins and notes are usually used as a method of payment and are accepted for any payment.


Legal tender money?

Legal tender money is currency recognized by a government as valid for settling financial obligations, like taxes, debts, or purchases. It must be accepted for payment within the jurisdiction that issued it. Examples include banknotes and coins issued by a government's central bank.


Can you change the down payment amount after an offer is accepted?

In most cases, the down payment amount cannot be changed after an offer is accepted. It is typically a fixed amount agreed upon in the initial offer.