Kris Presents an Instrument That States "Pay to the Order

question 46

Multiple Choice

Kris presents an instrument that states "pay to the order of Kris" to Metro Bank for payment.This is a special type of draft drawn on a bank,ordering the bank to pay a fixed amount of money on demand.This is

• A)a commercial wire transfer.
• B)a check.
• C)a debit card transaction receipt.
• D)a cash transaction

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