Communication Would Be Impossible If No One Trusted and Believed

question 227

True/False

Communication would be impossible if no one trusted and believed each other.

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Definitions:

Certified Check

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

Teller's Check

A check drawn by a bank on its own funds and signed by a teller, typically considered a secure form of payment.

Draft

A preliminary version of a piece of writing or design.

Transferable Check

A type of check that allows the original payee to endorse it to another party, transferring the right to cash or deposit.