Which of the following is true of a foreign draft?
A) It is drawn in one state and payable in another state.
B) It is drawn in one nation and payable in another nation.
C) It is drawn on one bank and payable to a governmental body.
D) It is drawn in one city and payable in another city in the United States.
Correct Answer:
Verified
Q22: If Daphne gave value for and cashes
Q23: If a drawee refuses to pay the
Q24: Through what kind of written instrument would
Q25: A blank indorsement should be used:
A)only for
Q26: Which of the following is true of
Q29: A _ check is a check drawn
Q30: A check that a drawee bank guarantees
Q31: To accept a draft,the drawee:
A)need only sign
Q32: Industries Inc.drew a check payable to "Gloria
Q47: The words "without recourse" on an indorsement
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