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Perform the Indicated Operation 7838\frac { 7 } { 8 } - \frac { 3 } { 8 }

question 133

Multiple Choice

Perform the indicated operation. Where possible, reduce the answer to its lowest terms.
- 7838\frac { 7 } { 8 } - \frac { 3 } { 8 }


Definitions:

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money from the drawer's account to the person or entity in whose name the check has been issued.

Notes

are written promises to pay a specified amount of money, either on demand or at a set time, to the person named on the document or to their bearer.

Article 3 Negotiability

The section of the Uniform Commercial Code that governs the negotiation and enforcement of negotiable instruments, such as checks or promissory notes.

Payable

Referring to money that is owed by one party to another and should be paid according to terms specified in a contract or agreement.

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