Intro to Business – 1/11/10
I. Bellwork
A. Ali Chami uses his checking account at Comerica to write a check for $100.00 to Fred Jones. Identify:
1. The drawee
2. The drawer
3. The payee
II. Objectives:
- Identify the use of checks an other payment methods
III. Notebook
C. Stopping Payment on a Check
1. Explain why is this done.
D. Accepting and Cashing Checks
1. Explain time constraints
2. Who should you accept checks from?
3. Where should you cash your check?
E. Other Type of Checks
1. List /define/ describe
2. List /define/ describe
3. List /define/ describe
F. Money Orders
1. Define
2. Types (3)
G. EFT
1. List 3 Examples
IV. Classwork
A. Pg 369 Vocabulary Definitions and Terms
B. Pg 369 Review Your Reading 1-5 Q & A
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