Which statement is true about cashier's checks,teller's checks,and certified checks?
A) Cashier's,teller's,and certified checks are considered as cash in the business world.
B) Cashier's,teller's,and certified checks are less likely to be denied by a bank.
C) The drawer for cashier's,teller's,and certified checks is the payor bank.
D) The drawer and the drawee for cashier's,teller's,and certified checks are the same bank.
E) Cashier's,teller's,and certified checks are often used in payment of withdrawal orders.
Correct Answer:
Verified
Q67: Which statement is true regarding Pedro's statement
Q68: Which of the following types of checks
Q69: When the payor and payee have accounts
Q70: [Bank Statement Woes] While examining her bank
Q71: Which statement is correct regarding whether Tom
Q73: Which of the following is true regarding
Q74: Which statement is true about traveler's checks?
A)They
Q75: Which of the following is true about
Q76: Which statement is correct regarding whether Tom
Q77: Which statement is correct regarding the bank
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents