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    Exam 15: Special Forms of Contracts
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    Sandy Signs a Negotiable Instrument That Orders Sally to Pay
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Sandy Signs a Negotiable Instrument That Orders Sally to Pay

Question 7

Question 7

Multiple Choice

Sandy signs a negotiable instrument that orders Sally to pay $1,000 to the order of Pat on May 4,2001.What type of instrument is this?


A) Promissory note.
B) Time draft.
C) Check.
D) Sight draft.
E) Money order.

Correct Answer:

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