Which of the following checks does not guarantee payment?
A)A personal check with a restrictive endorsement
B)A certified check
C)A cashier's check
D)A traveler's check

Question

Quizplus · Accepted Answer

A personal check with a restrictive endorsement does not guarantee payment because it is dependent on the account holder's available funds and willingness to pay. Certified checks, cashier's checks, and traveler's checks are more secure forms of payment that offer guarantees from the issuing bank or institution.

Which of the Following Checks Does Not Guarantee Payment