A ________ is a check that is written on behalf of an individual and will be charged against a large well-known financial institution or credit card sponsor's account.
A) cashier's check
B) money order
C) traveler's check
D) personal check

Question

Quizplus · Accepted Answer

A traveler's check is issued by a financial institution and is prepaid, allowing the holder to use it as a secure form of payment, often backed by a large institution.

A ________ Is a Check That Is Written on Behalf