Endorsing a check
A. guarantees payment.
B. transfers the right to deposit or transfer cash.
C. cancels the transaction.
D. All of the above

Question

Endorsing a check
  A. guarantees payment. 	
  B. transfers the right to deposit or transfer cash. 	
  C. cancels the transaction. 	
  D. All of the above

aurorab · Answer

ermmmmm idk... it's either A or B

anonymous · Answer

@AuroraShay

jim_thompson5910 · Answer

It doesn't cancel the transaction. It authorizes it. So it's definitely not C and that knocks out D as well.

I agree with AuroraB in saying it's either A or B

jim_thompson5910 · Answer

As for A, there could be cases when the check bounces (because of an empty bank account). So that doesn't fully guarantee payment will be made. That's why I'm thinking A is wrong.

aurorab · Answer

^^ my 'senses' we're really telling me B it makes the most sence

anonymous · Answer

ok thank you soo much

aurorab · Answer

welcome