WorksheetsCredit instrument
Total questions: 10
Worksheet time: 5mins
Party ordering that payment made.
Drawer
Drawee
Payee
Maker
Party ordered to make payment.
Drawer
Drawee
Payee
Maker
Party to whom payment is to be made
Drawer
Drawee
Payee
Maker
Promissory note that is transferable
Negotiable promissory note
Non-negotiable promissory note
Secured promissory note
Unsecured promissory note
Promissory note that are guaranteed with properties value.
Negotiable promissory note
Secured promissory note
Unsecured promissory note
Non-negotiable promissory note
It is a form of check that is not drawn on any particular bank but is payable anywhere throughout the world.
Commercial L/C
Travelers L/C
Demand L/C
Local L/C
Check having two parallel lines
Open Check
Crossed check
Post dated check
Stale check
Check that shows future date
Open Check
Crossed check
Stale check
Post dated check
Check without sufficient funds
Bouncing check
Stale Check
Crossed Check
Cashier check
Promissory note which is greatly depend upon the character of the borrower.
Unsecured promissory note
Secured promissory note
Negotiable promissory note
Non-negotiable promissory note
