The Main Reason That Someone Would Use a Cashier's Check

question 2

Multiple Choice

The main reason that someone would use a cashier's check to make a payment rather than a check drawn on that person's own account is that:

• A) using a cashier's check will cost less
• B) the person will obtain a longer float time with the cashier's check
• C) payees are often more willing to accept a cashier's check
• D) cashier's checks can be indorsed to third parties

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Definitions:

Sell

The act of giving something in exchange for money.

Extraction Costs

The expenses associated with the removal of natural resources from the earth, such as mining for minerals or drilling for oil.

Nonrenewable Resource

A natural resource that cannot be replaced once it has been used or is not replenished in a short period of time, such as fossil fuels and minerals.

Removal

The process of moving or eliminating something from a certain place or context.