A Draft Due at a Future Date or After a Specified

question 21

Multiple Choice

A draft due at a future date or after a specified period of time that has been signed by the buyer is called:

• A) sight draft.
• B) time draft.
• C) trade acceptance.
• D) all of these are correct.

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Definitions:

Cognitive-Behavioural Therapy

A form of psychotherapy that treats problems by modifying dysfunctional emotions, behaviors, and thoughts.

Therapist

A professional trained in providing psychological counseling, guidance, and treatment to individuals or groups to help them overcome emotional, mental, or behavioral issues.

Humanistic

Humanistic pertains to an approach or philosophy that emphasizes the value and agency of human beings, individually and collectively, focusing on their needs and experiences.

Freudian

Relating to or based on the theories of Sigmund Freud, especially those concerning the unconscious mind, psychosexual development, and defense mechanisms.