A Bill of Exchange Which Represents the Right to Receive

question 45

Multiple Choice

A bill of exchange which represents the right to receive cash in the future is a:

• A) bill payable.
• B) bill receivable.
• C) sundry debtor.
• D) credit card.

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Definitions:

Spend

The process of spending money to acquire goods or services.

Mood Disorders

A category of mental disorders involving persistent disturbances in mood or emotional state, such as depression or bipolar disorder.

Psychophysiological Disorders

Disorders in which biological, psychological, and sociocultural factors interact to cause or worsen a physical illness. Also known as psychological factors affecting other medical conditions.

Sexual Disorders

Conditions that involve the disruption or distortion of any phase of the sexual response cycle, leading to distress or interpersonal difficulties.