A ________ is an order to pay money rather than a promise to pay money.
A)promissory note
B)certificate of deposit
C)draft
D)bond

Name: A ________ is an order to pay money rather than a promise to pay money. A)promissory note B)certificate of deposit C)draft D)bond
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Question

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A draft is a form of commercial paper that involves an order to pay money rather than a promise to pay money [3-104(e)].The most common example of a draft is a check.

A ________ Is an Order to Pay Money Rather Than