The party to commercial paper who makes a promise to pay. a. bad c heck b. draft

Question:

The party to commercial paper who makes a promise to pay.

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

See More Books

Question Posted: Mar 10, 2024 03:01 AM

See More Questions

Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column. a. Bad check b. Draft or bill of exchange c. Cashiers check...
The party to commercial paper who is designated as the one to receive payment. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder...
An instrument that is essentially a depositors order to his or her bank to pay money to a party named on the instrument. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed...
Suppose that there are two countries, A and B, and two goods, X and Y. Country A has a production possibility frontier (PPF) that is given by the equation X + Y = 100, while country B has a PPF that...
The Jimenez Corporation's forecasted 2014 financial statements follow, along with some industry average ratios. Jimenez Corporation: Forecasted Balance Sheet as of December 31, 2014 Assets...
An appropriate internal control for the payroll function would be segregation of duties for distributing payroll checks and: a. Keeping records of absenteeism. b. Batch processing time cards. c....
Customers in the Taobao villages must come to the Alibaba- provided computers before they are exposed to the companys online promotions. What tactics could Alibaba marketers use to encourage visits...
In Figure the current in resistance 6 is i 6 = 1.40 A and the resistances are R 1 = R 2 = R 3 = 2.00?, R 4 = 16.0?, R 5? = 8.00?, and R 6 = 4.00?. What is the emf of the ideal battery? R. R,
Home Corporation will open a new store on January 1. Based on experience from its other retail outlets, Home Corporation is making the following sales projections: Cash Sales Credit Sales January...
The party to a draft against whom it is drawn. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f. drawee g. drawer h. holder i. maker j. negotiability k....
A type of commercial paper that is essentially a written promise t pay money to a designated party. a. bad c heck b. draft or bill of exchange c. cashiers c heck d. certifi ed check e. check f....
Lending to a Parent: Extra Caution Needed? Pyne Inc. is the parent of Syne Inc., a 100%-owned subsidiary created many years ago. Pyne is a holding company in the process of issuing debenture bonds to...
3. Suppose we have n i.i.d., uniform-(0,t) random variables. Place these random variables on the interval (0, t]. Let 0 = 80 < 81 < ... < Sn1 < (0,t]. Skt. Compute the probability that there are in...
3. (3 pts) Use Python to write a function that takes a single input, a list of numbers. The function should loop through the list and, on each iteration, print the number if it is the largest number...
a) A linear charge density = 4z C/m is distributed on the z axis, what is the total charge within a cylinder of radius r = 0.5 m and height h = 5 m which extends from z = 1 to z = 4? b) A uniform...
Read the articles given below on module 9 now read the articles given below on module 10 Now answer these questions based on both modules slideshow pictures and the links readings Describe how the...
2. For each equation, state the quantity (with units) represented by each variable. a) D=mV F b) P== A c) P = Dgh g 3. Write a single sentence answering each question. a) If the mass remains constant...
For the study described in the previous exercise, answer the following questions. a. What is the population of interest for this study? b. What claim was tested? c. What additional information would...
Using the information presented in Problem 13.4B, prepare a partial statement of cash flows for the current year, showing the computation of net cash flows from operating activities using the...
The government market is obviously an extremely large one, yet it is often slighted or even ignored by many firms. Red tape is certainly one reason, but there are others. Discuss the situ a tion and...
The government market is obviously an extremely large one, yet it is often slighted or even ignored by many firms. Red tape is certainly one reason, but there are others. Discuss the situ a tion and...
Some critics argue that the Foreign Corrupt Practices Act puts U.S. businesses at a disa d vantage when competing in foreign markets with suppliers from other countries that do not have similar laws....
Just work out the assignment on your own sheet, you dont need the excel worksheet. Classic Coffee Company Best friends, Nathan and Cody, decided to start their own business which would bring great...
Financial information related to the proprietorship of Ebony Interiors for February and March 2019 is as follows: February 29, 2019 March 31, 2019 Accounts payable $310,000 $400,000 Accounts...
(b) The directors of Maureen Company are considering two mutually exclusive investment projects. Both projects concern the purchase of a new plant. The following data are available for each project...

The party to commercial paper who makes a promise to pay. a. bad c heck b. draft

Question:

Step by Step Answer:

i Maker Explanation In the context of commercial paper such as promissory notes the maker is the pa...View the full answer

Essentials Of Business Law

Students also viewed these Business questions