What are the two main types of negotiable instruments 2024?
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Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
Negotiable instruments include two main types: an order to pay (encompasses drafts and checks) and promises to pay (promissory notes and CD's). The instruments can also be classified as demand instruments or time instruments. Thus there are four types of negotiable instruments.
2023-05-14 14:06:00
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Lucas Turner
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Negotiable instruments include two main types: an order to pay (encompasses drafts and checks) and promises to pay (promissory notes and CD's). The instruments can also be classified as demand instruments or time instruments. Thus there are four types of negotiable instruments.