48. In a negotiable instrument, the maker is the one who promises to pay - T F 49. The drawer and maker of a negotiable instrument are often considered the same person - T F 50. The initial parties to a negotiable instrument are the maker, payee, and bank - T F 51. The initial parties to a negotiable instrument are the drawer, drawee, and donor - T F 52. A check is the most common form of a negotiable instrument - T F 53. The inherent value of a negotiable instrument is that it is relatively easy to transfer - T F 54. A special endorsement is when the negotiable instrument is made payable to a specific person - T F 55. A check that is signed on the back is called bearer paper - T F