A Money Order Has the Same Function as a Cashier's

A money order has the same function as a cashier's check in that it is a method of paying a creditor without the use of a personal check. A fee is charged for a money order but not for a cashier's check.

A) The first statement is true and the second statement is false.
B) The first statement is false and the second statement is true.
C) Both statements are true.
D) Both statements are false.

Correct Answer:

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