NAME: ________________________

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Question Limit

of 14 available terms

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5 Written Questions

5 Multiple Choice Questions

  1. the bank or other financial institution that pays the check
  2. consists of only the endorser's name; most unsafe way to endorse a check
  3. user-owned, not-for-profit, serving members only
  4. accept deposits from people and businesses and use the deposits to finance their business
  5. nationwide banking plan set up by the federal government to supervise and regulate member banks

4 True/False Questions

  1. endorsementconsists of only the endorser's name; most unsafe way to endorse a check

          

  2. FDICthe bank or other financial institution that pays the check

          

  3. cashier's checksA personal check for which a bank has guaranteed payment.

          

  4. certified checkuser-owned, not-for-profit, serving members only

          

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