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A Written Order Drawn on a Bank by a Depositor

Question 11

Multiple Choice

A written order drawn on a bank by a depositor that requests the bank to pay,on demand and unconditionally,a definite sum of money to the bearer of the instrument or to the order of a specified person is called a:


A) price quotation.
B) promissory note.
C) check.
D) stop-payment order.

Correct Answer:

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