65.2k views
1 vote
Omar and Lian each open a savings account.

True/False: Omar and Lian each open a checking account.

User Ewokx
by
9.2k points

1 Answer

3 votes

Final answer:

A checking account is a type of depository account that individuals use to pay bills and make purchases. Omar and Lian opening a savings account does not imply that they also opened a checking account.

Step-by-step explanation:

A checking account is a type of depository account that individuals use to pay bills and make purchases. It is different from a savings account because it allows for frequent withdrawals and transactions. Omar and Lian opening a savings account does not imply that they also opened a checking account, so the statement 'Omar and Lian each open a checking account' is false.

User Aleksandr Petrov
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories