Which of the following terms refers to a bill of exchange on which the drawer and the payee are the same person?

Question

Quizplus · Accepted Answer

A trade acceptance is a bill of exchange that is drawn by the seller of goods or services on the buyer and is payable at a future date. When the seller and the buyer are the same person, it is called a self-acceptance or a trade acceptance. The other options are not related to bills of exchange.

Which of the Following Terms Refers to a Bill of Exchange