In payment for a shipment of fittings, Retool LLC offers Supply Company a cashier’s check. A cashier’s check functions the same as cash because a. the bank on which the check is drawn is not the drawer. b. the party to whom the check is payable is the bank. c. the bank has committed itself to paying the stated amount on demand. d. a check is not a debt—it is only the evidence of a debt
2.In payment for a shipment of fittings, Retool LLC offers Supply Company a cashier’s check. A cashier’s check functions the same as cash because
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a. the bank on which the check is drawn is not the drawer. |
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b. the party to whom the check is payable is the bank. |
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c. the bank has committed itself to paying the stated amount on demand. |
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d. a check is not a debt—it is only the evidence of a debt |
On behalf of Bubble Tea Company, Corey signs an instrument in which she promises to deliver 100 cases of tea as payment to Deli Inc. on April 1. This instrument is
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5. Wen writes an instrument that states it is “payable to X.” The instrument is
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