Principles of Business Chap 19 Vocab

Front

Aiden, Abigail, and Michael's strategy for financial security?

Back

Implement a savings plan.

Front

Emma wrote a check to Nora for more than her account balance. This is known as a:

Back

overdraft

Front

Priya wrote a check to David but lacked funds. She asked her bank to refuse the check if it hasn't cleared. What is this action?

Back

stop-payment order

Front

Priya wants to buy a car and needs a guaranteed payment check. Noah suggested:

Back

cashier’s check

Front

Emma wrote a personal check to Harper. Before acceptance, she wants to verify its genuineness and sufficient funds. What type of check is this?

Back

certified check

Front

Ethan wants to send a payment to James, payable only to him. What method should he use?

Back

money order

Front

Luna plans a trip abroad and needs a check that acts like cash. Which should she choose?

Back

traveler’s check

Front

Samuel signed the back of a check from Jackson. This action is known as?

Back

endorsement

Front

Aria wrote a check to an entity. What is this entity called?

Back

payee

Front

Aria writes a check for future rent payment due to insufficient funds. What type of check is this?

Back

postdated check