A written order by one person directing the person's bank to pay a certain sum of money to another person is a
A) promissory note.
B) certificate of deposit.
C) draft.
D) check.
Correct Answer:
Verified
Q1: An instrument "payable to order" is payable
Q2: A draft made out in the United
Q3: A draft involves two parties, the drawer
Q4: A promissory note and a certificate of
Q6: A certificate of deposit is actually a
Q7: One way to classify a negotiable instrument
Q8: Negotiable instruments can be used either as
Q9: A promise to pay $1,000 and a
Q10: The person who issues a check to
Q11: A note or a check payable in
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