Every month, Olivia receives a bill in the mail from her mortgage company. By the first of each month, she must send back her payment, along with the bottom part of the bill, which includes her account information and the amount enclosed. She pays these mortgage bills using a form of payment that is essentially a written order to her bank to pay the mortgage company the specified amount from the money in her bank account. What form of payment is Olivia using in this scenario?

Question

Quizplus · Accepted Answer

In this scenario, Olivia is paying with a check, which is a written order to a bank to pay the indicated individual or business the amount specified on the check from money already on deposit.

Every Month, Olivia Receives a Bill in the Mail from Her