A paper reads: To: Empire Bank. Five days after the next full moon, pay to Nathan Montrose or anyone named by him the sum of $500. Signed: "Monica Traymoor," August 15, 2020. Most correctly, this is

Question

Quizplus · Accepted Answer

This document is a bill of exchange because it is an order made by one person to another to pay money to a third person. It is also a negotiable instrument, which is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

A Paper Reads: To: Empire Bank