menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 24: Form and Content
  5. Question
    X Signs a Negotiable Instrument Ordering Y to Pay Z
Solved

X Signs a Negotiable Instrument Ordering Y to Pay Z

Question 32

Question 32

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:

verifed

Verified

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

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

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