Documents used as payments to facilitate commercial transactions were labeled as under Article 3 of the UCC.
A)Commerce notes
B)Payment notes
C)Commercial paper
D)Negotiable instruments
E)Commerce paper

Question

Quizplus · Accepted Answer

A)Documents of payment were generically called commercial paper and under
Article 3 of the UCC were specifically labeled negotiable instruments.
B)Documents of payment were generically called commercial paper and under Article 3 of the UCC were specifically labeled negotiable instruments.
C)Documents of payment were generically called commercial paper and under Article 3 of the UCC were specifically labeled negotiable instruments.
D)Documents of payment were generically called commercial paper and under Article 3 of the UCC were specifically labeled negotiable instruments.
E)Documents of payment were generically called commercial paper and under Article 3 of the UCC were specifically labeled negotiable instruments.

Documents Used as Payments to Facilitate Commercial Transactions Were Labeled