Under the Commercial Paper Article of the UCC, which of the following documents would be considered an order to pay?
  I.
  Draft.
  II.
  Certificate of deposit.
  a. Both I and II.
  b. II only.
  c. Neither I nor II.
  d. I only.
 
  Explanation
  Choice "d" is correct.
        Order paper is three-party paper where one person orders another to pay yet a third person. A draft is order paper. A certificate of deposit is two-party paper. In a CD, a bank acknowledges receipt of money and promises to pay. UCC 3-104
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