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Question
Which of the following observations concerning e-money is NOT true?
A. Check writing lays the foundation of e-money.
B. E-money removes the middleman from a transaction.
C. The e-money user transfers the money from his or her bank account to the account of the funds' receiver.
D. The primary function of e-money is to facilitate transactions on the Internet.
E. E-money is not a cost efficient way of managing transactions that are small in value.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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