Where both words and numerals are used to describe the amount payable,the numerals will be used to resolve any differences.
Correct Answer:
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Q3: A draft involves only two parties: a
Q4: Time paper is payable at a definite
Q5: A written and signed promise by Miller
Q6: Notes and certificates of deposit are orders
Q7: A cashier's check is drawn by a
Q9: Paper payable "on demand" fails the test
Q10: Negotiability gives commercial paper a high degree
Q11: Handwritten words supersede contradicting typewritten words in
Q12: To be negotiable,an instrument must be in
Q13: Under the law of assignments,the assignee stands
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