A promise to pay a certain sum of money to another party is a type of commercial paper called a(n) :
A) note
B) check
C) obligation
D) promise
E) draft
Correct Answer:
Verified
Q236: With negotiable instruments, the party to receive
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
Q242: A _ is a form of check
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)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents