Multiple Choice
Which of the following statements is true?
A) In order for a check to be negotiable, the drawee must be named in the instrument.
B) A check is a type of draft.
C) A check is a popular form of negotiable instrument.
D) All of these.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A promissory note and a certificate of
Q2: A draft involves two parties, the drawer
Q4: Parris signed a promissory note agreeing to
Q5: A(n) _ is a written promise by
Q6: Samuels gave Albrite's Lumber Company a ninety-day
Q7: The party who issues a promissory note
Q8: Under the UCC, if there is a
Q9: The person who issues a check to
Q10: What are the two major uses of
Q11: A(n) _ is a promise by a