Belinda brings a check into First American Bank. The check is written by Tolin and is drawn on First American Bank. This is an example of a(n) ________.

A) cashier's check
B) notarized check
C) acknowledged check
D) certified check
E) note

Question

Winston Denio Agung · Accepted Answer

Final Answer : D, Explanation :  A certified check is a personal check written by a bank customer and drawn on the customer's account, for which the bank guarantees payment. When Belinda brings in a check written by Tolin and drawn on First American Bank, and the bank guarantees payment, it becomes a certified check.

Belinda brings a check into First American Bank. The check is written by Tolin and is drawn on First American Bank. This is an example of a(n) ________.

A) cashier's check
B) notarized check
C) acknowledged check
D) certified check
E) note

Definitions

Learning Objectives

Learning Objectives

Related questions

Belinda brings a check into First American Bank. The check is written by Tolin and is drawn on First American Bank. This is an example of a(n) ________.A) cashier's checkB) notarized checkC) acknowledged checkD) certified checkE) note

Definitions

Learning Objectives

Learning Objectives

Related questions

Belinda brings a check into First American Bank. The check is written by Tolin and is drawn on First American Bank. This is an example of a(n) ________.

A) cashier's check
B) notarized check
C) acknowledged check
D) certified check
E) note