A draft is a:
A) two-party instrument.
B) three-party instrument.
C) single party instrument.
D) debit instrument.
Correct Answer:
Verified
Q19: The attribute of negotiability means that an
Q20: Any instrument that does not meet the
Q21: A promise or order is "payable on
Q22: A negotiable instrument:
A)must be payable to a
Q23: Which of the following will destroy the
Q25: Ricardo borrowed $1,000 from his friend,John Wilfred.Ricardo
Q26: If an instrument satisfies the formal requirements
Q27: A note which contains the statement,"I owe
Q28: Which of the following statements will satisfy
Q29: Which of the following would qualify as
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