Question

Which of the following payment types require you to pay upfront?

A

Money order

B

Cashier's check

C

Pre-paid card

D

All of the abo

Answer 1

The correct answer is D, all of the above.

Answer 2

D. All of the above.

Step-by-step explanation:

All of the options presented - Money order, Cashier's check, and Prepaid card - require a party to have performed an up-front payment prior to submission to another party.

• Money orders are simply documents that declare a specified amount to be payed a party, but must be paid for with cash beforehand.
• Cashier checks are checks signed by cashiers already paid for a bank in anticipation.
• Prepaid cards are debit cards loaded with a specific amount of money paid before their acquisition.