With negotiable instruments, the party to receive payment is the:
A) payee
B) drawer
C) payer
D) drawee
E) secondary party
Correct Answer:
Verified
Q231: The one who issues or creates the
Q232: The _ agrees to make the payment,
Q233: Under Article 3 of the UCC, a
Q234: To be found a holder in due
Q235: A "draft drawn on a bank and
Q237: The one who agreed to make a
Q238: The one who receives payment from a
Q239: With negotiable instruments, the party to receive
Q240: Negotiable instruments do not include:
A) notes
B) certificates
Q241: A promise to pay a certain sum
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