A sight draft is:
A) also known as a trade acceptance agreement
B) also known as a sales draft
C) also known as a time draft
D) also known as an account receivable
E) none of the other choices
Correct Answer:
Verified
Q268: A(n) _ is a legally binding written
Q269: According to the UCC, a draft may
Q270: Under Article 3 of the UCC, a
Q271: When a draft guarantees payment for goods
Q272: The draft that requires immediate payment by
Q274: When a draft guarantees payment for goods
Q275: Under Article 3 of the UCC, a
Q276: When real estate is used as collateral
Q277: When a note is to be paid
Q278: When the maker promises to repay the
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