What is the term for an instrument containing both an acknowledgement by a bank that it has received money and a promise to repay money?
A) Commerce treaty
B) Articles of Organization
C) Certificate of Deposit
D) Escrow
Correct Answer:
Verified
Q22: The _ has adopted a regulation that
Q23: Selena Johnson has a checking account at
Q25: Jill takes a loan from a bank.She
Q30: A holder in due course of a
Q31: Shania Watson has a checking account at
Q31: The term commercial paper is defined as?
A)
Q33: Checks and drafts are:
A) documents required as
Q33: A person creates a handwritten instrument in
Q37: A check or draft that one bank
Q39: A check is NOT negotiable if it:
A)reads
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