Question: Question 1 0 8 When a time draft is drawn on and accepted by a business firm, it is known as a ( n )

Question 108
When a time draft is drawn on and accepted by a business firm, it is known as a(n)
trade acceptance.
in-transit bill.
banker's acceptance.
bill of lading.
letter of credit.
Question 1 0 8 When a time draft is drawn on and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

When a time draft is drawn on and accepted by a business firm, it is called a trade acceptance. Group of answer choices True False

Q:

MATHEMATICS FOR MACHINE LEARNING Marc Peter Deisenroth A. Aldo Faisal Cheng Soon Ong Contents Foreword 1 Part I Mathematical Foundations 9 1 Introduction and Motivation 11 1.1 Finding Words for...

Q:

I need Chapter 2 & 3 finished. Chapter 4 & 5, Chapter 6 & 7, & Chapter 8. Some of this is completed, but it isn't 100% finished. Let me know if you can get to it. Personal Finance, Fifth Edition by...

Q:

Hi. I need Chapter 11 part 1-4 Let me know. Thanks! (it wont letme add more than $8, but I will give $12+ tip) Personal Finance, Fifth Edition by Jeff Madura BUILDING YOUR OWN FINANCIAL PLAN WORKBOOK...

Q:

4 Files 12:47 PM Mon May 16 Insert Draw Layout Review View Unit 3Microec0nomics Name: ELASTICITY Use the space below to take notes during class. Elastic: Unit Elastic: Inelastic: Perfect...

Q:

I need chapters 18, 19, 20, and 21 for the workbook for Personal Finance by Madura!! Please help!!! Personal Finance, Fifth Edition by Jeff Madura BUILDING YOUR OWN FINANCIAL PLAN WORKBOOK INDEX...

Q:

Can anyone help me with this or already have the solution this whole Finance Workbook for Madura Personal Finance, Third Edition by Jeff Madura BUILDING YOUR OWN FINANCIAL PLAN WORKBOOK INDEX Chapter...

Q:

Do Homework - Chapter 10 Homework - Google Chrome X "mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=659493833&questionld=1&flushed=false&cld=7584450¢erwin=yes BUS 505 Multinational...

Q:

Herman Miller is a leading U.S. manufacturer of office furniture, noted for developing quality, innovative designs for corporate, government, home office, and healthcare environments. Its products...

Q:

1 Lewis makes a note payable to Milly. She indorses the back of the note and negotiates it to Negotiable Investments, Inc. Primarily liable on the note is a.Lewis. b.Negotiable Investments. c.none of...

Q:

You are forming an equally weighted portfolio of stocks. Many stocks have the same beta of .84 for Factor 1 and the same beta of 1.69 for Factor 2. All stocks also have the same expected return of 11...

Q:

Cameron also revealed that in the process of the post-mortem exam, the coroners office also looked into toxicology. Cameron said there were no drugs of any kind in her system. As for the...

Q:

A corporation in the Philippines has a gross income of P3,000,000 and allowable deductions of P1,200,000. What is the taxable income

Q:

As a leader it is important to know how to feel your feelings and express them as well. This helps with self-change because emotional intelligence is the process of understanding your feelings, but...