Multiple Choice
A ________ is a two-party negotiable instrument that is an unconditional written pledge by one party to pay money to another party.
A) bill of exchange
B) check
C) certificate of deposit
D) promissory note
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q70: A check is a type of promissory
Q71: Promissory notes are never payable on demand.
Q72: Which of the following is true of
Q73: Which of the following must a promissory
Q74: Which of the following statements is true
Q76: Promises to pay and orders to pay
Q77: The primary benefit of a negotiable instrument
Q78: Which of the following is true of
Q79: Who is the drawee of a check?<br>A)
Q80: A promissory note is a two-party instrument.