Which of the following is a draft with respect to which the drawer and drawee are the same bank or branches of the same bank?
A)Cashier's check
B)Certified check
C)Traveler's check
D)Approved draft
E)Check certificate

Question

Quizplus · Accepted Answer

A)A cashier's check is "[A] draft with respect to which the drawer and drawee are
the same bank or branches of the same bank" [UCC 3-104f)].
B)A cashier's check is "[A] draft with respect to which the drawer and drawee are the same bank or branches of the same bank" [UCC 3-104f)].
C)A cashier's check is "[A] draft with respect to which the drawer and drawee are the same bank or branches of the same bank" [UCC 3-104f)].
D)A cashier's check is "[A] draft with respect to which the drawer and drawee are the same bank or branches of the same bank" [UCC 3-104f)].
E)A cashier's check is "[A] draft with respect to which the drawer and drawee are the same bank or branches of the same bank" [UCC 3-104f)].

Which of the Following Is a Draft with Respect to Which