Personal Finance: Turning Money into Wealth (7th Edition) (Prentice Hall Series in Finance)
Personal Finance: Turning Money into Wealth (7th Edition) (Prentice Hall Series in Finance)
7th Edition
ISBN: 9780133856439
Author: Arthur J. Keown
Publisher: PEARSON
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Chapter 5, Problem 6DC1
Summary Introduction

To discuss:

Cashier’s check preferable over a certified check.

Introduction:

Cashier’s check refers to check which is assured by the guarantee of bank and authenticated by the cashier.

Certified check refers to a type of check which is verified by the bank that whether sufficient funds are there in it as a balance to cover the check amount.

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