Question: When a time draft is presented to a drawee, the company signifies acceptance of it by selling the draft to an investor at a discount

When a time draft is presented to a drawee, the company signifies acceptance of it by selling the draft to an investor at a discount from its face value. providing a collateral for the amount specified in the bill.

writing or stamping a notice of acceptance on its face.

delivering the goods immediately.

paying the draft amount immediately.

When a time draft is presented to a drawee, the company

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