A ____ requires immediate payment by the drawee to the payee.
A) time draft
B) balloon draft
C) bank draft
D) personal draft
E) none of the other choices are correct
Correct Answer:
Verified
Q284: Most large certificates of deposit are:
A) not
Q285: _ specify payment to be made in
Q286: Most large certificates of deposit are:
A) not
Q287: A _ requires immediate payment by the
Q288: Most large certificates of deposit are:
A) not
Q290: A creditor is a person or business
Q291: Most large certificates of deposit are:
A) not
Q292: When a payee wants to get cash
Q293: An "acknowledgment by a bank" that it
Q294: When a payee wants to get cash
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