Evermore Bank is both the drawer and the drawee with regard to a draft issued to Fernando. The draft is
A) a certificate of deposit.
B) a cashier's check.
C) a nonnegotiable instrument.
D) a promissory note.
Correct Answer:
Verified
Q24: Northwest Energy Corporation signs an instrument that
Q25: To buy a stuffed cow, Ken executes
Q26: InterComp normally sells $50,000 worth of software
Q27: Trixie signs a $1,500 note payable, at
Q28: Willy deposits $5,000 with Home State Bank
Q30: Efron borrows money to pay his tuition
Q31: Brie wants one of Cari's purebred Dalmations.
Q32: Cricket signs a check payable to the
Q33: Payday Loans, Inc., signs an instrument payable
Q34: Sarah has a checking account at Secure
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents