True/False
Notes are orders to pay money,while drafts are promises to pay money.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: Which of the following is true of
Q41: Shawn was an indorser on a check.A
Q42: A holder is a person who is
Q43: A money order,which is drawn on the
Q44: Lillian Fey purchases a night table from
Q45: Cade,the owner of Cade Body Shop,Inc.is in
Q46: Mark gives a $3,000 check drawn on
Q47: Ashe indorses an order instrument in the
Q48: If an instrument states,"Pay to the order
Q49: A check for which the issuing financial