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If Viola Owes Tina Money,Tina May Frame a Document for the Amount

Question 57

Multiple Choice

If Viola owes Tina money,Tina may frame a document for the amount of the debt,naming Viola as drawee and herself or her bank as payee,and send the document to Viola's bank for payment.This document is a:


A) promissory note.
B) certificate of deposit.
C) draft.
D) bond.

Correct Answer:

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