For people who do not maintain a checking account and who prefer not to make payments with cash, a ______ serves the same function as a personal check.
A) certificate of deposit
B) money market deposit account
C) money order
D) passbook savings deposit

Question

Quizplus · Accepted Answer

A money order serves the same function as a personal check for people who do not maintain a checking account and prefer not to make payments with cash. It is a prepaid payment method that can be used to pay or send money to people as a safe alternative to cash or personal checks.

For People Who Do Not Maintain a Checking Account and Who