A paper instructing a bank to pay a specific amount from one account t…

Question

A paper instructing a bank to pay a specific amount from one account to another is a:

Accepted Answer

A. Cheque

1. Payment is settled without cash.
2. This is a cheque.
3. Money moves between bank accounts.
_Source: syllabus Understanding Economic Development, Chapter 3, Money and Credit._

Answer

Coupon

Answer

Receipt

Answer

Voucher

A paper instructing a bank to pay a specific amount from one account to another is a:

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