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A 60-day note receivable dated June 13 has a maturity date of
Negotiable Instruments
Financial documents that are transferable from one party to another, promising to pay a specified amount either on-demand or at a future date.
Negotiable Instrument
A formal document that ensures the payment of a certain sum of money, either upon request or at an agreed moment, with the document specifying the individual responsible for payment.
Bearer Instrument
A type of negotiable instrument that is not registered to a specific owner and can be transferred by possession alone.
Order Instrument
A financial document that is made payable to a specific individual or entity, requiring endorsement for transfer or payment.
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