menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 26: Form and Content
  5. Question
    A Draft Involves Only Two Parties: a Drawer and a Payee
Solved

A Draft Involves Only Two Parties: a Drawer and a Payee

Question 57

Question 57

True/False

A draft involves only two parties: a drawer and a payee.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q52: A promise or order is payable at

Q53: An incomplete instrument is non-negotiable.

Q54: An instrument contains the following language: "Harold

Q55: Which of the following is not true?<br>A)

Q56: Identify the parties to checks and notes.

Q58: Under Revised Article 3,a check which meets

Q59: Time paper is payable at a definite

Q60: The Check Clearing for the 21st Century

Q61: To be negotiable,the instrument must satisfy all

Q62: A cashier's check is drawn by a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines