A Check on Which One Bank Is the Drawer and Another

question 79

Multiple Choice

A check on which one bank is the drawer and another bank is a drawee is a:

• A)cashier's check.
• B)antedated check.
• C)certified check.
• D)teller's check.

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Definitions:

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and resulting in significant geopolitical changes and the establishment of the United Nations.

Free Trade

The exchange of goods and services between countries with minimal regulatory restrictions like tariffs.

Adam Smith

was an 18th-century Scottish economist and philosopher, best known for his influential works on the principles of free market economics.

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Activities or efforts directed towards the production, distribution, and consumption of goods and services in an economy.