An order by a drawer to a drawee to pay a payee is known as a ________.
A) note
B) draft
C) novation
D) check
E) certificate of deposit
Correct Answer:
Verified
Q23: A written document containing the signature of
Q24: An instrument "payable on demand" is one
Q25: Which of the following is an incorrect
Q26: Check 21 allows banks to forgo sending
Q27: A customer issues a stop-payment order when
Q29: With a(n)_ instrument,payment can be made only
Q30: According to the Uniform Commercial Code,money orders
Q31: The Uniform Commercial Code prohibits bank customers
Q32: Which of the following is a substitute
Q33: The Uniform Commercial Code requires a bank
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