Question

Match each term to the correct definition.

Answer 1

Answer:

a. 2

b. 3

c. 4

d. 1

Explanation:

Certified check is the kind of check which is a personal check guaranteed through the bank of the check writer. In short, the bank will verify or tally the signature of account holder and has enough or adequate amount of money.

Cashier check is the kind of check which is guaranteed through a bank and drawn on the bank own funds as well as signed through cashier.

Check A, it is the document which orders the bank to pay a particular amount of money or fund from the person account to the person whose name is mentioned on the check.

Traveler check is the medium of exchange and it is a paper document used in place of the hard currency, which is payable on the demand of the person.