When a time draft is drawn on and accepted by a business firm, it is k
QUESTION
When a time draft is drawn on and accepted by a business firm, it is known as a(n):
A. trade acceptance.
B. in-transit bill.
C. banker’s acceptance.
D. bill of lading.
E. letter of credit.
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.