Multiple Choice
A __________ is a specialized form of promise to pay money given by a maker in which the bank is the maker.
A) note
B) certificate of deposit
C) trade acceptance
D) cashier's check
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Under the Check 21 Act:<br>A) banks must
Q4: The Revised Article 3 of the UCC
Q5: Negotiability invests negotiable instruments with a high
Q6: Revised Article 1 of the UCC states
Q8: A certificate of deposit differs from a
Q9: A draft involves three parties: a drawer,
Q10: Which of the following has been held
Q11: Which of the following would be an
Q12: An "X" or a thumbprint could constitute
Q23: Distinguish between a note and a certificate