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    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 22: Banking System, E-Money, and Financial Reform
  5. Question
    A(n)________ Check Is a Two-Party Check for Which (1)the Issuing
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A(n)________ Check Is a Two-Party Check for Which (1)the Issuing

Question 3

Question 3

Multiple Choice

A(n) ________ check is a two-party check for which (1) the issuing bank serves as both the drawer and the drawee and (2) the holder serves as payee.


A) certified
B) accepted
C) cashier's
D) dishonored
E) ratified

Correct Answer:

verifed

Verified

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