Payments. Banking & Finance. Bellringer. Online Chapter 9 Pretest www.g-wlearning.com. Activity: 3 minutes. You want to buy a new book or video game. Depending on where you buy the item from, what are your payment options?. Negotiable Instruments. Define a negotiable instrument
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Banking & Finance
Written order directing a bank to pay a specific amount from deposited funds
Bills of Exchange
Promissory Note: commercial version of an I owe you (IOU)
Certificate of Deposit: bank is the maker
Take notes on next 3 slides
Honoring a check
IDENTITY OF PAYEE
Aba Routing Number
Your group will provide 5 facts
on the assigned legal development.