Multiple Choice
X signs a negotiable instrument ordering Y to pay Z the sum of $500. Y is the:
A) maker.
B) drawee.
C) payee.
D) drawer.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Negotiability is wholly a matter of form.
Q28: Elmore purchases goods from Grady, and Elmore
Q28: The drawee is the individual who signs
Q29: If Sam writes a check drawn on
Q30: Carlos wrote a check with the numbers
Q31: A promise or order is payable at
Q34: Which of the following would be a
Q35: A provision in a promissory note payable
Q37: To be negotiable, the instrument must satisfy
Q46: Only a bank may serve as the