Ciera Presents an Instrument That States "Pay to the Order

question 69

Multiple Choice

Ciera presents an instrument that states "pay to the order of Duff" to East Bank for payment. As the most common type of negotiable instrument regulated by the Uniform Commercial Code, this is

• A)a substitute check.
• B)a check.
• C)an electronic fund transfer.
• D)a payment via a mobile device.

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Definitions:

Political Policies

Plans, actions, or strategies that are implemented by a government, political party, or leader to achieve specific outcomes or goals.

New Republic

Refers to a period or state entity formed after breaking away from a previous form of government, often associated with revolutions or major political changes.

Constitutional Convention

The meeting held in 1787 in Philadelphia where the Constitution of the United States was drafted.

Rhode Island

The smallest state in the United States, known for its coastal scenery and as a haven for religious freedom during its founding.