A(n) ________ Is an Order by the Drawer to the Drawee

question 37

Multiple Choice

A(n) ________ is an order by the drawer to the drawee bank to pay a specified sum of money from the drawer's checking account to the named payee (or holder) .

• A) ordinary check
• B) promissory note
• C) bill of exchange
• D) credit memo

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Definitions:

Bona Fide

Genuine or real; often used legally to refer to intentions, transactions, or qualifications that are made in good faith without intent to deceive.

Occupational Qualification

Essential qualities or requirements deemed necessary for performing a specific job, often used in legal contexts to justify hiring practices.

Property Rights

Legal rights to possess, use, and dispose of assets, including tangible and intellectual properties.

Civil Rights Act

A landmark piece of legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.