Which instrument is included in Sight Order?

• A. A jewelry pawn.
• B. A money order.
• C. A bank loan agreement.
• D. A check, an electronic debit, or an automatic bank draft.

Answer: (D)

Sight orders cover instruments that are payable on demand, meaning payment is expected right away when presented. The best example is a check, an electronic debit, or an automatic bank draft because these are bank-originated payment instruments that move funds immediately and are settled promptly when presented. A jewelry pawn is not a payment instrument at all, but rather collateral in a pawn transaction. A money order is a valid payment instrument, but in this context it isn’t categorized as a Sight Order. A bank loan agreement is a financing contract, not a negotiable instrument used for immediate payment.