A ________ is a check that is written on behalf of a person to a specific payee and will be charged against a financial institution's account.
A) cashier's check
B) money order
C) traveler's check
D) personal check

Question

Quizplus · Accepted Answer

A cashier's check is a check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier. Unlike personal checks, the financial institution, not the purchaser, is responsible for paying the amount.

A ________ Is a Check That Is Written on Behalf