Sallyanne Is Selling Merchandise to a Retailer Using the Terms

Sallyanne is selling merchandise to a retailer using the terms of a trade draft. As a new employee of Sallyanne's, you find out that a trade draft is

A) a means of pledging accounts receivable.
B) an agreement to meet certain terms, which is attached to the shipment and which must be signed before the goods are delivered to the buyer.
C) a legal agreement promising to pay for the goods, which is signed by the buyer before the seller will ship the goods.
D) a type of secured loan with trade products serving as collateral.
E) the seller ships products on faith that payment will be forthcoming.