1. Cashier's checks are frequently used in transactions where: a. the seller and buyer know each other well b. the buyer does not have enough money to buy the goods c. the seller demands guaranteed payment d. the buyer is trustworthy e. the seller is overpaying for the goods 2. Before filing for bankruptcy, a person must go through credit counseling. a. True b. False 3. A bank is the maker of a certificate of deposit a. True b. False 4. A(n)_ functions as a substitute for cash. a. none of the other choices are correct b. notable instrument c. easement d. parley e. debtor instrument