Which Statement Is True About Traveler's Checks

Multiple Choice

Which statement is true about traveler's checks?

A) They require a countersignature by a person whose signature appears on the instrument.
B) The person who purchases the traveler's check does not sign the instrument until it is ready to be used to make a purchase.
C) They are payable on a designated date.
D) Like other types of checks,a traveler's check need not state "traveler's check" on the instrument.
E) The drawer is usually a small,local bank.