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Three criteria used for classification of the atmosphere are
Pay To The Order
A directive on a negotiable instrument, such as a check, indicating that the designated amount should be paid to the entity or person specified.
Drawer
The person who writes or issues a check, draft, or bill of exchange, thereby creating an obligation to pay.
Payee
The individual or entity to whom money is payable, typically the recipient of a check or electronic payment.
Demand Instrument
A financial document, like a check or promissory note, that is payable on demand or presentation.
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