EBK PERSONAL FINANCE
7th Edition
ISBN: 9780100659711
Author: KEOWN
Publisher: YUZU
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Chapter 5, Problem 6DC1
Summary Introduction
To discuss:
Cashier’s check preferable over a certified check.
Introduction:
Cashier’s check refers to check which is assured by the guarantee of bank and authenticated by the cashier.
Certified check refers to a type of check which is verified by the bank that whether sufficient funds are there in it as a balance to cover the check amount.
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