Scott presents an instrument that states “pay to the order of Scott” to Town Bank for payment. This instrument is the most common type of negotiable instrument, which is
A. a certificate of deposit.
B. a check.
C. a note.
D. a trade acceptance.
Answer:B
Scott presents an instrument that states “pay to the order of Scott” to Town Bank for payment. This instrument is the most common type of negotiable instrument, which is
A. a certificate of deposit. B. a check. C. a note. D. a trade acceptance.