Physician is purchasing used automobile from private party

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Reference no: EM133671464

Scenario : The physician is purchasing a used automobile from a private party for his eldest son to drive back and forth to college. The seller wishes to meet with the physician and deliver the car to the office tomorrow afternoon at which time payment will be required.

1. Critical Thinking: Study the differences in cashier's checks, certified checks, counter checks, electronic checks, limited checks, money orders, traveler's checks, voucher checks, and warrants and determine the type of check you should obtain for payment for each scenario; state the reasons for your choice.

Reference no: EM133671464

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