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What is a business form ordering a bank to pay cash from a bank account.

What is a business form ordering a bank to pay cash from a bank account.

A business form ordering a bank to pay cash from a bank account is commonly known as a "check."A check is a written, negotiable financial instrument that serves as an order from anaccount holder(drawer) to their bank (drawee) to transfer a specified sum of money to a designated payee. The check includes essential details such as the payee's name, the date, the amount in both numerical and written form, and the signature of the account holder.Checks are a widely used and convenient method for making payments, transferring funds, and settlingfinancial obligations. They provide a secure and traceable way to move money while offering a record of the transaction for both the payer and payee. In addition to traditional paper checks, electronic checks (e-checks) have become prevalent in modern banking, offering the same functionality indigital form.To know more aboutcheck:brainly.com/question/29839006#SPJ12...

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