Whoever is in possession of commercial paper is called the holder. The holder can be all of the following, EXCEPT the:
A) payee.
B) drawee.
C) drawer.
D) co-maker.
Correct Answer:
Verified
Q16: An instrument payable in a foreign currency
Q17: The two basic types of commercial paper
Q18: A written note or letter in which
Q19: A person may not postdate a check
Q20: A certified check is one that the
Q22: A _ is a certified check issued
Q23: The Electronic Funds Transfer Act of 1979
Q24: Statements requiring that certain things be done
Q25: Because it has the opportunity to inspect
Q26: Commercial paper that is dated ahead is:
A)
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