Jen signs a check “pay to the order of Key” drawn on Jen’s account in Little Bank to buy Key’s car. Jen asks Little Bank to indicate on the face of the check that it will accept it when Key presents it for payment. If the bank agrees, this will be
A. a cashier’s check.
B. a certified check.
C. a trade acceptance.
D. a traveler’s check.
Answer:B
Jen signs a check “pay to the order of Key” drawn on Jen’s account in Little Bank to buy Key’s car. Jen asks Little Bank to indicate on the face of the check that it will accept it when Key presents it for payment. If the bank agrees, this will be
A. a cashier’s check. B. a certified check. C. a trade acceptance. D. a traveler’s check.