The Legal Way to Fill in the Dollars Line on a Check
The Legal Way to Fill in the Dollars Line on a Check. Commercial paper--also known as a negotiable instrument--helps make commercial transactions easier. Instead of having cash-on-hand or entering into a formal contract, commercial paper allows people to pay for goods and services with a document that contains an unconditional promise or order to pay a fixed amount of money at a certain time or on demand. One common type of negotiable instrument is a check.
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