Multiple Choice
Willy deposits $5,000 with Home State Bank on July 1,2012.Home State Bank promises to repay Willy the $5,000 plus 3 percent annual interest on July 1,2017.Home State Bank has issued Willy a
A) certificate of deposit.
B) cashier's check.
C) trade acceptance.
D) draft.
Correct Answer:
Verified
Correct Answer:
Verified
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