A ____ is a form of check in which the bank is both the drawer and the drawee.
A) real check
B) bank check
C) cashier's check
D) credit check
E) cashier's note
Correct Answer:
Verified
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
Q243: A check must have _ as its
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
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