Question: pls ans What is the main difference between a sight draft and a term draft? () A) A sight draft is paid immediately after the

pls ans

What is the main difference between a sight draft and a term draft? () A) A sight draft is paid immediately after the goods arrive at the importer's location, whereas a term draft is paid at a specified time after the goods have arrived. (O B) A sight draft always requires the issuing bank's signature, whereas a term draft does not. (O C) A sight draft is issued at the request of the importer in favour of the exporter, whereas a term draft is issued at the request of the exporter in favour of the importer. O D) A sight draft entitles the exporter to immediate payment upon presentation of the draft to the bank, whereas the payment on a term draft will be made at a specified future date. \\' Go To Next Question \\

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