When a time draft is drawn on and accepted by a business firm,it is called a(n):
A)trade acceptance.
B)in-transit bill.
C)banker's acceptance.
D)bill of lading.

Name: When a time draft is drawn on and accepted by a business firm,it is called a(n): A)trade acceptance. B)in-transit bill. C)banker's acceptance. D)bill of lading.
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When a time draft is drawn on and accepted by a business firm,it is called a trade acceptance.

When a Time Draft Is Drawn on and Accepted by a Business