Asked by Abigail Bailey on Apr 24, 2024

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

Cashier's Check

A check issued by a bank, drawn on its own funds rather than that of a personal account, which guarantees the payee payment.

Certified Check

A check verified by a bank, guaranteeing that the signer has enough funds to cover the amount of the check.

  • Familiarize oneself with the operation and mechanics of multiple types of checks within the banking framework.