A check paid directly from a checking account through the Internet is known as a(n) :

A) limited check
B) electronic check
C) certified check
D) cashier's check

Question

​A check paid directly from a checking account through the Internet is known as a(n): A) ​limited check B) ​electronic check C) ​certified check D) cashier's check

Alora Nicholson · Accepted Answer

Final Answer : B, Explanation :  Electronic checks, or e-checks, are a form of payment where funds are electronically withdrawn from the payer's checking account, transferred over the ACH network, and deposited into the payee's checking account. This process utilizes the Internet for the transaction, making option B the correct answer.

A check paid directly from a checking account through the Internet is known as a(n) :

A) limited check
B) electronic check
C) certified check
D) cashier's check

Definitions

Learning Objectives

Learning Objectives

Related questions

​A check paid directly from a checking account through the Internet is known as a(n) :A) ​limited checkB) ​electronic checkC) ​certified checkD) cashier's check

Definitions

Learning Objectives

Learning Objectives

Related questions

A check paid directly from a checking account through the Internet is known as a(n) :

A) limited check
B) electronic check
C) certified check
D) cashier's check