Question

Checks are:

A) not acceptable for settling transactions in most industrialized countries.
B) less important than currency as a means of settling transactions.
C) promises to pay, on demand, money deposited with a financial institution.
D) promises to pay, on demand, coins minted from precious metals.

Answer 1

C) promises to pay, on demand, money deposited with a financial institution.

Step-by-step explanation:

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