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    Contemporary Business
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    Exam 20: Creation and Transfer of Negotiable Instruments
  5. Question
    Sandy Signs a Negotiable Instrument That Orders Sally to Pay
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Sandy Signs a Negotiable Instrument That Orders Sally to Pay

Question 65

Question 65

Multiple Choice

Sandy signs a negotiable instrument that orders Sally to pay $1,000 to the order of Pat on May 4,2011.What type of instrument is this?


A) a promissory note
B) a time draft
C) a check
D) a sight draft
E) a money order

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