The primary benefit of a negotiable instrument is that it can be used as a substitute for money.
Correct Answer:
Verified
Q13: Which of the following is a similarity
Q14: Who is the acceptor of a draft
Q15: _ of the Uniform Commercial Code (UCC)
Q16: Which of the following is true of
Q17: A _ is a three-party instrument that
Q19: Which one of the following is a
Q20: In a draft transaction, the drawee is
Q21: A trade acceptance is legally a two-party
Q22: Which of the following must a promissory
Q23: A promissory note is a two-party transaction.
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