A commercial paper includes checks in which a bank is ordered,but not drafts wherein a third party is ordered to pay.
Correct Answer:
Verified
Q2: The purpose of the Electronic Funds Transfer
Q3: Most states have statutes making a person
Q6: A written order drawn on a bank
Q9: Checks are sometimes payable on demand.
Q11: The person who makes a promise is
Q12: Commercial paper may be handwritten, printed, or
Q15: When the amount of a check expressed
Q16: An instrument payable in a foreign currency
Q17: The two basic types of commercial paper
Q20: A certified check is one that the
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