Molly went to her bank,gave the teller $200 plus a small fee,and received ten $20 checks that do not have a payee identified.What kind of checks were these?

Question

Quizplus · Accepted Answer

Traveler's checks are prepaid checks that come in fixed denominations and can be used like cash. They do not have a payee identified and are often used by travelers to avoid carrying large amounts of cash.

Molly Went to Her Bank,gave the Teller $200 Plus a Small