A banker's acceptance is an order to pay a specified amount of money to the bearer on a given date. Banker's acceptances have been used since the twelfth century

Indicate whether the statement is true or false

TRUE

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The homeowner's property tax exemption is

a. $50,000 for a single person. b. $4,000 from assessed valuation. c. $7,000 from assessed valuation. d. the first $100,000 of assessed valuation.

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A signature on a negotiable instrument can be any name, word, or mark used in lieu of a written signature

Indicate whether the statement is true or false

Business