A "draft drawn on a bank and payable on demand" is a:
A) promissory note
B) note
C) certificate of deposit
D) deposit slip
E) none of the other choices are correct
Correct Answer:
Verified
Q223: With negotiable instruments, the party to receive
Q224: The one who agreed to make a
Q225: The one who issues or creates the
Q226: Under Article 3 of the UCC, a
Q227: Negotiable instruments under the UCC do not
Q229: The _ agrees to make the payment,
Q230: The _ issues or creates the document
Q231: The one who issues or creates the
Q232: The _ agrees to make the payment,
Q233: Under Article 3 of the UCC, a
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