Statements requiring that certain things be done or that specific events take place before payment make the instrument a ___________ rather than commercial paper.
A) simple contract
B) statutory contract
C) contingent contract
D) specialty contract
Correct Answer:
Verified
Q19: A person may not postdate a check
Q20: A certified check is one that the
Q21: Whoever is in possession of commercial paper
Q22: A _ is a certified check issued
Q23: The Electronic Funds Transfer Act of 1979
Q25: Because it has the opportunity to inspect
Q26: Commercial paper that is dated ahead is:
A)
Q27: An instruction a depositor gives to his
Q28: A system which allows a consumer to
Q29: A _ check is one that is
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