Multiple Choice
Commercial paper differs from ordinary contracts because of the:
A) presumption of consideration and assignability.
B) ability to negotiate the commercial paper.
C) validity of the commercial paper.
D) ability to negotiate the contract.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q23: An instrument payable in a foreign currency
Q24: _ is the act of fraudulently making
Q25: A certified check is one that the
Q26: An instrument should contain any of the
Q27: A written note or letter in which
Q29: An item of commercial paper containing the
Q30: State the differences between commercial paper and
Q31: A _ check is one that is
Q32: A written order drawn on a bank
Q33: The purpose of the Electronic Funds Transfer