Introductory Commerce 2 (3rd edition).doc

Introductory Commerce 2 (3rd edition) Reprint with minor amendments The table below shows major changes that have been made in the Introductory Commerce 2 (3rd edition) Reprint with minor amendments 2005. Sections Pages Paragraphs / Figures Major changes made 1.1 4 Paragraph 4 (line 1) ? A direct debit instruction (直接支帳付款指示) is an … 5 Heading EPS EPS (易辦事) is a means … by using their Automatic Teller Machine (ATM) cards or credit cards with ATM functions. Margin note EPS is a means of payment … or a credit card with ATM functions. 6 PPS Service (lines 6-7) By January 2005, more than 300 companies and organisations had joined PPS … 1.2 7 Paragraph 2 (line 12) … Philippines, Canada, Japan, Indonesia and Nepal. 1.3 10 Newspaper cutting Information about credit card bad debts has been updated. 11 Paragraph 1 (lines 6-7) No approval is required from the card issuer. Amount of spending is limited to the unused value of the card. Paragraph 2 (line 1) Octopus cards are widely used in daily life for low-value transactions, such as … Think pad 2 New question: no. 4 1.4 14 Paragraph 1 A cheque can be classified as an open cheque (無劃線支票), a bearer cheque (來人支票), an order cheque (記名支票) or a crossed cheque (劃線支票). Open cheques, bearer cheques and order cheques are types of uncrossed cheques (未劃線支票). Paragraph 3 (lines 1-2) When a cheque is crossed with the term ‘Account Payee Only’ (只限存入抬頭人帳戶),… 15 Table (Bearer cheque) ? Anyone can cash it at the drawer’s bank. 16 Heading Rejected and Dishonoured Cheque Dishonoured Cheque (paragraph 1 line 3) … to the drawer stating the reason why the cheque is being dishonoured. 17 Think pad 3 New question: no. 1 1.5 19-21 Licensed Bank, Restricted Licence Bank, Deposit-taking Company Total number and examples of licensed banks, restricted licence banks and deposit-taking companies have been updated. 21 Deposit-taking Company ? Accept only time deposits with an initial maturity of at least three months from the public 1.6 23 Business loan (line