The sight draft is payable at a later time, typically 30, 60, 90, or 120 days in the future as specified by the draft.

Name: The sight draft is payable at a later time, typically 30, 60, 90, or 120 days in the future as specified by the draft.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A sight draft is payable on presentation or demand, not at a later specified time. Time drafts are the ones payable at a later specified time such as 30, 60, 90, or 120 days in the future.

The Sight Draft Is Payable at a Later Time, Typically