True/False
Commonly used in international trade, a draft that orders a buyer's bank to pay is a cashier's check.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q13: Motor Sales Inc. signs an instrument that
Q14: Jaime signs an instrument using a "J"
Q15: No drafts other than checks may be
Q16: Juice Company signs an instrument that states
Q17: Businesses use the commercial money market for
Q19: Luc signs a promissory note for $2,500
Q20: For a drawee to be obligated to
Q21: When a bank is both the drawer
Q22: Bogart presents a sight draft to Commerce
Q23: An instrument is negotiable even if the