A bank that draws a check on itself has issued
A)a special indorsement.
B)a claim in recoupment.
C)a certificate of depsosit.
D)a cashier's check.

Name: A bank that draws a check on itself has issued A)a special indorsement. B)a claim in recoupment. C)a certificate of depsosit. D)a cashier's check.
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Question

Quizplus · Accepted Answer

A bank that draws a check on itself has issued a cashier's check. A cashier's check is a check drawn on a bank's own funds, rather than on an individual's personal account.

A Bank That Draws a Check on Itself Has Issued