82.2k views
2 votes
A fictitious payee can be a person or firm that does not truly exist or it may be a(n) _________ party that will not acquire any interest in the instrument.

1 Answer

6 votes

Answer:

A fictitious payee can be a person or firm that does not truly exist or it may be a known party that will not acquire any interest in the instrument.

User Chris
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.