Phillip wrote a check which is considered a(n) ________ that orders the bank to pay a fixed amount of money on demand.
A) note
B) promissory note
C) endorsement
D) acknowledgment draft
E) a special draft
Correct Answer:
Verified
Q20: A (n) _ is considered an instrument
Q21: Which of the following is false regarding
Q22: There are _ central banks that make
Q23: Which statement is correct regarding entities considered
Q24: Which of the following is false regarding
Q26: Raul has had a very successful weekend
Q27: Which of the following is a bank
Q28: _ banks are the first to receive
Q29: The first _ of any amount deposited
Q30: First Bank has determined that 2:00 p.m.
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