Direct Finance Company's primary function is to use its own money instead of customers' savings to provide loans to other businesses. This is an example of which type of financial institution?

Southern Life Insurance Company makes money on selling specific services such as policies instead of retaining their customers money. This is an example of which type of financial institution?

Sarah purchased school supplies with a store gift card of $300. This is an example of which type of payment service?

Phil is writing a company check and just completed writing the amount of the check in words. What should Phil do NEXT?

Maria prefers an endorsement that will make sure checks are used for deposits only to her business account. Which type of endorsement is preferred?

Todd gave Intrek Computer Services a personal check for which his bank guaranteed payment. This is an example of which type of payment service?

Jennifer prefers a financial institution that will meet her business needs such as access to checking options, credit cards, and loans. Which characteristic(s) of financial institutions does she prefer?

The Federal Reserve System approved the merger of Wachovia Bank and Wells Fargo Bank. This is an example of which service of the Federal Reserve System?

Mary is writing a company check, and has just completed writing the purpose of the check. What should she do NEXT?

James received a $100 check. He wants to endorse this check over to Steve. Which type of endorsement should James use?

Which is the FIRST step in opening a checking account?

Which is the FIRST step in the check writing process?

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