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Business, 31.03.2020 03:50 kenz2797

Match each term to the correct definition.
1. A check that is payable on demand, drawn on or payable through a bank, and designated as a traveler's check.
2. A check that has been accepted by the bank on which it is drawn. Essentially, the bank, by certifying (accepting) the check, promises to pay the check at the time the check is presented.
3. check drawn by the bank on itself.
4. A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand.
a. Certified check
b. Cashier's check
c. Check A
d. Traveler's check

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Match each term to the correct definition.
1. A check that is payable on demand, drawn on or...

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