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Author Question: A ____________ check is guaranteed by the bank for the amount in which it is written. a. cashier's ... (Read 95 times)

penguins

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on: Jun 25, 2018
A ____________ check is guaranteed by the bank for the amount in which it is written.
 a. cashier's
  b. certified
  c. travelers
  d. none of the above

Question 2

If any check is written in excess of the amount in the account, it is returned to the payee marked _______.
 a. COB
  b. CDT
  c. NSF
  d. none of the above


annierak

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Reply #1 on: Jun 25, 2018
Answer to Question 1

a
RATIONALE: A cashier's check is guaranteed by the bank for the amount in which it is written.

Answer to Question 2

c
RATIONALE: If any check is written in excess of the amount in the account, it is returned to the payee marked NSF.


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penguins

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Reply #2 on: Jun 25, 2018
Correct answers!


annierak

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Reply #3 on: Jun 25, 2018
Great! Please up vote :D


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