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Mr. Atharva made his payment by cheque at the same time Mr. Samarth made his payment by fund transfer: Whose payment is faster? - Organisation of Commerce and Management

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Question

Mr. Atharva made his payment by cheque at the same time Mr. Samarth made his payment by fund transfer:

  1. Whose payment is faster?
  2. Whose payment is related to traditional business?
  3. Whose payment is related to e-business?
Short Note

Solution

  1. The payment made by Mr. Samarth by fund transfer is faster than the payment made by Mr. Atharva through cheque.
  2. The payment made by Mr. Atharva by cheque is related to traditional business.
  3. The payment made by Mr. Samarth by fund transfer is related to e-business.
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