Tyrone Draws a Check Payable to "Cash" and Presents It

question 76

Multiple Choice

Tyrone draws a check payable to "Cash" and presents it to United Bank for payment. This instrument is

• A) a bearer instrument.
• B) an order instrument.
• C) valid but nonnegotiable.
• D) void.

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Definitions:

Thaddeus Stevens

A 19th-century U.S. politician known for his fierce advocacy for the abolition of slavery and his role in the Reconstruction era.

Confederate States

refers to the 11 southern states that seceded from the Union in 1860-1861, leading to the American Civil War.

Reconstruction

Refers to the period following the Civil War in which the United States government focused on rebuilding the Southern states and reintegrating them into the Union.