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Fact Pattern 25-1B (Questions B5-B6 Apply)

Question 2

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Fact Pattern 25-1B (Questions B5-B6 apply)
Thalia signs an instrument unconditionally promising to pay to "Union Bank" $7500 with interest in installments with the final payment due June 1, 2017.
-Refer to Fact Pattern 25-1B. The instrument that Thalia signed is most likely


A) a certificate of deposit.
B) a draft.
C) an order to pay.
D) a promissory note.

Correct Answer:

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