If a bank is both the drawer and the drawee with regard to a draft,then the draft is a
A)certificate of deposit.
B)cashier's check.
C)nonnegotiable instrument.
D)promissory note.

Name: If a bank is both the drawer and the drawee with regard to a draft,then the draft is a A)certificate of deposit. B)cashier's check. C)nonnegotiable instrument. D)promissory note.
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If a bank is both the drawer and drawee with regard to a draft, the draft is a cashier's check.

If a Bank Is Both the Drawer and the Drawee