Tomas Signs a Check "Pay to the Order of University

question 71

Multiple Choice

Tomas signs a check "pay to the order of University Bookstore" drawn on his account in Verity Bank to pay for his textbooks. The bookstore deposits the check in its account in West Bank. Like most checks, this check is

• A) virtual cash.
• B) digital cash.
• C) a special type of draft.
• D) a type of electronic fund transfer.