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What is a demand instrument? A demand instrument is payable on presentment - that is , it is payable one week after it is issued
What is a demand instrument?
A demand instrument is payable on presentmentthat is it is payable one week after it is issued and for a reasonable time thereafter.
A demand instrument is payable on demandthat is it is payable on the date written on the instrument, and only on that date.
A demand instrument is payable on demandthat is it is payable immediately after it is issued and for a reasonable time thereafter.
A demand instrument is payable on demandthat is it is payable one month after the date written on the instrument, but only on that date.
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
