How is a negotiable instrument different from cash 2024?
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Studied at the University of São Paulo, Lives in São Paulo, Brazil.
A check is considered a negotiable instrument. This type of instrument is a transferable, signed document that promises to pay the bearer a sum of money at a future date or on demand. ... Cash is more liquid than negotiable instruments, as cash makes the transactions instantaneous.
2023-05-07 14:06:00
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Alexander Wilson
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A check is considered a negotiable instrument. This type of instrument is a transferable, signed document that promises to pay the bearer a sum of money at a future date or on demand. ... Cash is more liquid than negotiable instruments, as cash makes the transactions instantaneous.