If an instrument is payable to the order of a specific payee,it is called a(n) :
A) order paper.
B) bearer paper.
C) cashier's check.
D) teller's check.
Correct Answer:
Verified
Q6: An indorsement cannot incur the indorser's liability
Q12: The use of a qualified indorsement eliminates
Q14: A forged indorsement will not prevent a
Q15: An instrument payable to cash:
A)can be negotiated
Q17: To negotiate an instrument:
A)it must not be
Q20: When indorsing an instrument,the holder must spell
Q20: If an instrument is made payable to
Q21: Under the Revised Article 3,a check deposited
Q22: Which of the following statements is true
Q23: When the holder of an instrument has
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