Explain and give examples of two categories of negotiable instruments. What will be an ideal ...

Author Question: Explain and give examples of two categories of negotiable instruments. What will be an ideal ... (Read 59 times)

K@

Hero Member
Posts: 608

on: Aug 3, 2018

Explain and give examples of two categories of negotiable instruments.

What will be an ideal response?

Question 2

A certificate issued by a federal, state or local governmental agency allowing some action to be taken, is a(n):

a. Permission
b. Allowance
c. Variance
d. Permit

cascooper22

Sr. Member
Posts: 312

Reply #1 on: Aug 3, 2018

Answer to Question 1

Promise paper =
promissory notes and certificates of deposit. Order paper = checks and drafts

Answer to Question 2

D

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