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There seems to be a discrepancy, as there cannot be two answers ($29 and $30) to the math problem. On the one hand it is true that the $25 in the register, the $3 returned to the guests, and the $2 kept by the bellhop add up to $30, but on the other hand, the $27 paid by the guests and the $2 kept by the bellhop add up to only $29.
A cashier's check (or cashier's cheque, cashier's order, official check; in Canada, the term bank draft is used, [1] not to be confused with Banker's draft as used in the United States) is a check guaranteed by a bank, drawn on the bank's own funds and signed by a bank employee. [2]
The most common form that these questions take is as an arithmetic exercise.A court decision ruled that a mathematical STQ must contain at least three operations to actually be a test of skill. [4]
In diplomacy, a courtesy call is a formal meeting in which a diplomat or representative or a famous person of a nation pays a visit out of courtesy to a head of state or state office holder. Courtesy calls may be paid by another head of state, a prime minister, a minister (Government), or a diplomat. The meeting is usually of symbolic value and ...
The depositor acquires a claim against the bank for the sum deposited but not to the actual cash handed over to the bank. In accounting terms, the bank creates ("opens") an account in the name of the depositor or a name directed by the depositor in which the amount received is recorded as a transaction.
Coutts & Co. traveller's cheque, for 2 pounds. Issued in London, 1970s. Langmead Collection. On display at the British Museum in London. Traveller's cheques were first issued on 1 January 1772 by the London Credit Exchange Company for use in 90 European cities, [1] and in 1874, Thomas Cook was issuing "circular notes" that operated in the manner of traveller's cheques.
The bank has a lien on cheques deposited to the customer's account, to the extent that the customer is indebted to the bank. The bank must not disclose details of transactions through the customer's account – unless the customer consents, there is a public duty to disclose, the bank's interests require it, or the law demands it.
[36] [37] [note 5] The major argument offered by dissident analysis is that any bank balance-sheet expansion (e.g. through a new loan) that leaves the bank short of the required reserves may affect the return it can expect on the loan, because of the extra cost the bank will undertake to return within the ratios limits – but this does not and ...