A Demand Draft Is

question 39

Multiple Choice

A demand draft is

• A)a bill of exchange that is payable within a stipulated period,after presentation.
• B)a bill of exchange on which the expression demand draft is written.
• C)a bill of exchange that is payable within a stipulated period,after the date stated on the instrument.
• D)a bill of exchange that is payable immediately upon presentation without any days of grace.
• E)a bill of exchange that is payable at sight.

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Definitions:

Governmental Social Services

Public programs designed to provide support and assistance to meet the social needs of the population.

Trust in Government

The degree of public confidence in a government's ability to act in the best interests of its citizens, often reflecting the perceived honesty, transparency, and competence of the government.

Democratic Socialist

A political ideology that advocates for a mix of democracy and socialism, emphasizing democratic governance alongside social ownership or regulation of the means of production.

Libertarianism

A political philosophy that emphasizes individual freedom, minimal government intervention, and the protection of personal liberty.