Which of the following describes paper payable to order?
A)pay to the order of Hill
B)pay to the order of cash
C)pay to the order of bearer
D)pay to Jalen or bearer

Question

Quizplus · Accepted Answer

A paper payable to order specifically requires it to be paid to a particular person or entity named in the document. "Pay to the order of Hill" fits this description, as it designates Hill as the specific payee.

Which of the Following Describes Paper Payable to Order