Which of the following is true of a draft?
A) It is always a two-party transaction.
B) It is an unconditional written promise to pay.
C) It is a note created upon deposition of money.
D) It is a pay to order transaction.
D
Business
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Which of the following statements best describes planned unit development (PUD)?
A. A self contained development where land is set aside for diverse uses, such as residential, commercial and public. B. A high rise development which combines office space, retail stores and apartment units in a single vertical community. C. A form of ownership used in commercial condominiums. D. An abandoned warehouse that has been converted onto condominium units.
Business
Exception steps signify ________
A) remedies B) failure C) either A or B D) neither A or B
Business