An "acknowledgment by a bank" that it has received money from a customer with a promise by the bank that it will repay the money received at a date specified or,in some instances,on demand is a:
A) draft certificate
B) certificate of payment
C) balloon certificate
D) real estate certificate
E) none of the other choices are correct
Correct Answer:
Verified
Q126: An "acknowledgment by a bank" that it
Q127: A(n)_ is one who lends money to,or
Q129: A(n)_ requires immediate payment by the drawee
Q133: A(n)_ is one who lends money to,or
Q284: Most large certificates of deposit are:
A) not
Q286: Most large certificates of deposit are:
A) not
Q290: A creditor is a person or business
Q291: Most large certificates of deposit are:
A) not
Q296: _ are drafts that mature on the
Q298: _ specify payment to be made in
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