A ________ check is a check drawn by one bank on another bank in which it has funds on deposit in favor of a third person,the payee.
A) traveler's
B) teller's
C) cashier's
D) certified
Correct Answer:
Verified
Q24: Through what kind of written instrument would
Q25: A blank indorsement should be used:
A)only for
Q26: Which of the following is true of
Q27: Which of the following is true of
Q30: A check that a drawee bank guarantees
Q31: To accept a draft,the drawee:
A)need only sign
Q32: Industries Inc.drew a check payable to "Gloria
Q33: Writing the words,"pay to the order of"
Q34: Lillian Fey purchases a night table from
Q47: The words "without recourse" on an indorsement
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