Examlex
Which of the following statements regarding iron in young children is FALSE?
Payment
The transfer of money, goods, or services as compensation or fulfillment of an obligation.
Demand Instrument
A type of draft that allows the payee to demand payment at any time from a holder.
Payee
The individual or entity to whom a payment is to be made or who will receive the payment.
Subsequent Holder
An individual or entity that acquires a negotiable instrument after it has been initially issued.
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