Examlex
Being direct is likely to be an effective choice because there is less room for misunderstanding.This type of direct communication is known as which of the following?
Special Endorsement
An endorsement on a negotiable instrument, such as a check, specifying the person to whom or the entity to which the instrument is to be paid.
Promissory Note
A promise in writing, signed by the maker, to pay a sum certain in money to the person named therein, or bearer, at some fixed or determinable future time, or on demand.
Maker
In finance, the maker is the party that creates or issues a promissory note, thereby agreeing to pay a certain amount of money to a payee at a future date.
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