A characteristic of a credit instrument that allows its transfer from one party to another. a. bad

Question:

A characteristic of a credit instrument that allows its transfer from one party to another.

a. bad c heck

b. draft or bill of exchange

c. cashier’s c heck

d. certifi ed check

e. check

f. drawee g. drawer h. holder i. maker j. negotiability k. payee l. postdated c heck m. promissory note n. raised c heck o. stop-payment order

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Business Law

ISBN: 9780073377056

7th Edition

Authors: Anthony Liuzzo, Joseph Bonnice

Question Posted: