Question and answer
Which of the following is an example of a specialized check? A. Personal check B. Notarized check C. Registered check D. Money order
This question has not been answered. Can you answer it? Please add your answer below ...
Question
Asked 9/6/2010 1:47:19 PM
Updated 9/6/2010 5:02:09 PM
2 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments
I've never heard the term "specialized check," nor could I find it online, but I would think that a registered check would be the answer.
Added 9/6/2010 4:30:47 PM
Specialized Checks
Check writing can be a convenient way to pay for bill or services, and it decreases the risks associated with carrying large amounts of cash. While cash can be stolen, it is much more difficult to forge a check and steal money from an account with a checkbook. Sometimes, you will have to pay a person or service provider, and they will be unable to accept a personal check or cash. In this situation, there are several kinds of specialized checks that pay similar to a personal check but offer different advantages.
Cashiers Checks
A cashier’s check is an often preferred form of payment. To buy a casher’s check, you will go to a bank, grocery store, or retailer. You will pay the retailer the full amount you want the cashier’s check for, in additional to any small costs they add on to cover printing. The retailer will then issue you a cashier’s check for the full amount and addressed to the person you are paying. This method is preferred by many service providers because it ensures they will receive payment. A cashier’s check from a respected company can guarantee payment because you have already paid the cashier.
Travelers Checks
Traveler’s checks are an interesting form of specialized check preferred by traveling tourists and business people. Traveler’s checks are bought from a bank in advance of a trip. They are bought for specific denominations, and people usually buy several different amounts of traveler’s checks. Traveler’s checks offer the convenience of paying for items while abroad without having to carry a lot of money or cards. This decreases the risk of stolen money. Traveler’s checks are signed twice – once when they are purchased, and again when they are being given to a service provider. Unused traveler’s checks can be returned for cash or deposit to the bank they were purchased from. Various companies offer their own version of traveler’s checks. Each company has a different policy for lost or stolen checks. It is important to know your company’s policy on lost or stolen checks, and to keep your checks in a safe place.
Money Orders
Money orders are similar to cashier’s checks. They are paid for in advance at a grocery store, bank, or retailer. They usually cost a few dollars, and you will pay this fee in addition to the full amount the money order is to be made out for. Small business, mail order payments, and some utility companies prefer this method of payment because it is safe. When you purchase a money order, the company you give the money order to runs no risk of a returned or bad check. This saves them money and ensures accurate records.
Added 9/6/2010 5:02:09 PM
Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which step in the personal financial planning process encourages goal setting? A. Step 3 B. Step 2 C. Step 1 D. Step 5
Weegy: D User: Which step in the personal financial planning process encourages goal setting? A. Step 3 B. Step 2 C. Step 1 D. Step 5 (More)
Question
Expert Answered
Asked 9/6/2010 1:03:28 PM
0 Answers/Comments
Which is an example of a demand deposit account? A. 403(b) account B. Roth IRA C. Checking account D. 401(k) savings account
Question
Not Answered
Updated 9/6/2010 3:39:18 PM
1 Answer/Comment
C. Checking account would be considered a demand deposit account.
Added 9/6/2010 3:39:18 PM
18,408,789 questions answered
Popular Conversations
3x + 1 User: Factor 25x 2 + 10x + 1.
Weegy: the answer is (1+5 x)^2 User: The length of a rectangle is 3 more than twice the width. The area of the ...
11/21/2014 9:59:24 AM| 4 Answers
Multiply 3X 1 1/4 User: subtract the fractions and simplify the ...
Weegy: 13/15 - 1/5 = 13/15 - 3/15 = 10/15 = 2/3 User: Divide the fractions and simplify the answer 60 divide by 2 2/3 ...
11/21/2014 8:14:33 PM| 3 Answers
Class C helmets are made of aluminum and do not provide protection ...
Weegy: Class C helmets are made of aluminum and do not provide protection from: Electrical hazards. (Class C ...
11/21/2014 1:44:29 AM| 2 Answers
Which pronoun agrees with the antecedent? Both carrots and sweet ...
Weegy: Both carrots and sweet potatoes get ITS color from beta-carotene.
11/21/2014 6:49:00 AM| 2 Answers
One weakness of the British army was fighting on foreign soil.
Weegy: One weakness of the British army was fighting on foreign soil. TRUE.
11/21/2014 7:22:57 AM| 2 Answers
What is translation?
11/21/2014 7:50:29 AM| 2 Answers
Which base is in RNA, but not in ...
11/21/2014 7:46:32 AM| 2 Answers
Identify the solution(s) of the system of equations, if any. -4x - 2y ...
Weegy: -4X-2y=12 -12X-6Y=36 X=(12+2Y)/-4 substitute x to second equation -12[(12+2Y)/-4]-6Y=36 36+6Y-6Y=36 0=0 ...
11/21/2014 9:54:31 AM| 2 Answers
What is the equation of the line that passes through (0, -2) and ...
Weegy: The equation of the line that passes through (0, -2) and has a slope of 0 is y = -2. User: Find two ...
11/21/2014 10:04:27 AM| 2 Answers
The principle of dominance states that a. all alleles are ...
Weegy: Every allele is a _ d. dominant or recessive _ allele. User: In pea plants, yellow peas are dominant over ...
11/21/2014 10:23:12 AM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2298 [Total 14009]| Ratings 10| Comments 2198| Invitations 0|Offline
S
L
Points 1255 [Total 3541]| Ratings 0| Comments 1255| Invitations 0|Offline
S
L
Points 686 [Total 1207]| Ratings 6| Comments 626| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 681 [Total 14055]| Ratings 0| Comments 681| Invitations 0|Offline
S
Points 421 [Total 453]| Ratings 1| Comments 411| Invitations 0|Offline
S
1
L
L
Points 211 [Total 6605]| Ratings 0| Comments 211| Invitations 0|Offline
S
L
Points 149 [Total 1445]| Ratings 3| Comments 119| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.