Multiple Choice
Ram receives a check for $100 from Sharon.He signs the back of the check and turns it over to Luke to pay off the $100 he owed Luke.The check is now said to be ________.
A) certified
B) indorsed
C) drawn
D) stale
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q63: If there are major failures of several
Q74: The Dodd-Frank Wall Street Reform and Consumer
Q77: An oral stop-payment order is binding on
Q78: A person can purchase a(n) _ from
Q79: When a bank pays the holder of
Q80: Jill Scott is an accountant with Cameron
Q81: _ of the Uniform Commercial Code establishes
Q82: Checks are the most common form of
Q83: Which of the following is one of
Q84: In which of the following cases is