How Is a Cashier's Check Different from an Ordinary Check

question 16

Multiple Choice

How is a cashier's check different from an ordinary check?

• A) Cashier's checks can be postdated, but ordinary checks cannot be postdated.
• B) Unlike ordinary checks, cashier's checks do not require the purchaser to hold a checking account at that bank.
• C) Unlike ordinary checks, cashier's checks are cancellable negotiable instruments upon issue.
• D) Cashier's checks are three-party checks, while ordinary checks involve only two parties.

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Definitions:

Free-Press Principle

The fundamental belief in the unrestricted right of the media to report news and express opinion, considered a cornerstone of democracy.

American Law

Refers to the legal system of the United States, which includes the Constitution, laws enacted by Congress, regulations developed by governmental agencies, and the case law established by courts.

King George's War

A phase of the War of the Austrian Succession (1740-1748) that took place primarily in North America between the French and British colonies.

Boston

A historic city in Massachusetts, United States, known for its significant role in the American Revolution, including events such as the Boston Tea Party.