A ______ is a specific draft,drawn by the owner of a checking account,ordering the bank to pay the payee from that drawer's account.
A) Promissory contract
B) Certificates of deposit
C) Note
D) Check
E) Time instrument
Correct Answer:
Verified
Q28: Which of the following is true regarding
Q29: Which of the following was the result
Q30: Which of the following is a draft
Q31: With a[n] _ instrument,payment can be made
Q32: The UCC defines an instrument "payable on
Q36: Which of the following is a promise
Q37: What does the term "float" in banking
Q38: With a[n] _ instrument,the payee or subsequent
Q40: A certificate of deposit is a _
Q44: What two characteristics must a written document
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