A (n) ________ is considered an instrument whereby one party orders the second party to pay an amount of money to the party listed on the instrument.

Name: A (n) ________ is considered an instrument whereby one party orders the second party to pay an amount of money to the party listed on the instrument.
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Question

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A draft is a financial instrument through which one party (the drawer) orders another party (the drawee) to pay a specified sum of money to a third party (the payee).

A (N) ________ Is Considered an Instrument Whereby One Party