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Author Question: The term issuer A)is not used in relation to commercial paper. B)is an all-purpose term that means ... (Read 152 times)

savannahhooper

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on: Jun 24, 2018
The term issuer
 A)is not used in relation to commercial paper.
 B)is an all-purpose term that means both maker and drawer.
 C)is synonymous with drawee.
 D)is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.

Question 2

Under the Uniform Commercial Code, the risk of loss in a destination contract passes to the buyer when the goods are tendered to the buyer at that place.
  Indicate whether the statement is true or false


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Jayson

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


savannahhooper

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Reply 2 on: Jun 24, 2018
Excellent

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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