Checks are usually three-party instruments. On what type of check, however, does a bank serve as both

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Checks are usually three-party instruments. On what type of check, however, does a bank serve as both the drawer and the drawee? What type of check does a bank agree in advance to accept when the check is presented for payment?

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Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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Question Posted: May 02, 2012 12:47 AM

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Checks are usually three-party instruments. On what type of check, however, does a bank serve as both

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When a bank draws a check on itself the check is called a cashi...View the full answer

Business Law Text and Cases

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