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Select the One Term That Best Fits Each Definition

Question 36

Multiple Choice

Select the one term that best fits each definition.
-A draft payable on sight when the holder presents it for payment.


A) bill of lading
B) commercial invoice
C) contract of sale
D) draft
E) exports
F) imports
G) letter of credit
H) sight draft
I) time draft
J) trade acceptance

Correct Answer:

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