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What are characteristics of cashier's checks? Multiple select question. They are negotiable financial instruments that allow the stated payee to receive the amount of money

What are characteristics of cashier's checks? Multiple select question.

They are negotiable financial instruments that allow the stated payee to receive the amount of money written on the check.

They require a person to have a personal checking account.

They provide certainty that the money is available.

They can be issued for a maximum of $500.

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