A form of check in which the bank is both the drawer and the drawee is called a:
A) real check
B) bank check
C) cashier's note
D) credit check
E) none of the other choices are correct
Correct Answer:
Verified
Q244: Under Article 3 of the UCC, a
Q245: Promissory notes are instruments that involve _
Q246: A check must be paid:
A) on demand
B)
Q247: Cashier's checks are frequently used in transactions
Q248: A check must have _ as its
Q250: A commercial instrument where one party has
Q251: The _ of a note is the
Q252: A form of check in which the
Q253: A commercial instrument where one party has
Q254: Promissory notes are instruments that involve _
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