menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Business Law Study Set 1
  4. Exam
    Exam 22: Introduction to Commercial Paper
  5. Question
    Whoever Is in Possession of Commercial Paper Is Called the Holder.Some
Solved

Whoever Is in Possession of Commercial Paper Is Called the Holder.Some

Question 42

Question 42

Multiple Choice

Whoever is in possession of commercial paper is called the holder.Some holders are called__________ in due course.


A) endorsers
B) payers
C) drawers
D) holders

Correct Answer:

verifed

Verified

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

Related Questions

Q3: The parties involved in a draft or

Q7: When the amount of a check expressed

Q8: All of the following are essential to

Q12: The person who is expected to pay

Q14: An instrument with an unconditional written promise

Q22: The promise in a note, or the

Q31: A _ check is one that is

Q36: Statements requiring that certain things be done

Q37: A written note or letter in which

Q39: Most states have statutes making a person

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