Which type of negotiable instrument should he take with him? Daniel - ProProfs Discuss
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Which type of negotiable instrument should he take with him? Daniel is going on vacation and does not wish to take cash. 



A. Cashier s check
B. Large cash bills
C. Money order
D. Traverler s Check

This question is part of Business Law 6.01 Endorsement & Negotiable Instruments
Asked by Tddavid, Last updated: Dec 25, 2019

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2 Answers

O. Miller

Have 3 years of Experience in journalism.

O. Miller, Content Optimization Executive, Studied Journalism and Psychology, Austin,Texas

Answered May 10, 2019

The best option for this is D. Daniel is going to bring traveler’s check. There are a lot of people who love traveling, but they do not want to bring a lot of cash with them. They know that money may be stolen more as compared to a cheque. The cheque usually comes with a fixed amount that can be cashed at the moment that the traveler reaches his location.

This means that the cash can also be appropriately budgeted. There will also be only enough cash for the activities that will be done during the day. This will lessen the possibility of having excess money that may get lost or may be spent on unnecessary things.

 

tddavid

Tddavid

Answered Oct 04, 2017

Traverler s Check
 

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