A Time Draft Is

question 54

Multiple Choice

A time draft is

• A) a bill of exchange that is payable within a stipulated period after the date stated on the instrument or after presentation.
• B) a bill of exchange that is payable by 10:00am on the stipulated date.
• C) a bill of exchange that is payable immediately it is presented.
• D) a bill of exchange that is payable by midnight on the stipulated date.
• E) a bill of exchange that is payable "at sight" that is at a particular time.

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Definitions:

Creative Solutions

Innovative and original problem-solving strategies that address challenges in novel ways.

Sales Presentation

A structured presentation designed to highlight the benefits and features of a product to potential buyers.

Overcoming Objections

The practice of addressing and resolving potential concerns or hesitations that prospects may have about a product or service.

Sales Calls

Telephone or in-person visits made by salespersons to potential buyers for the purpose of marketing or selling a product or service.