Which of the Following Statements Is Not True About Bills

question 11

Multiple Choice

Which of the following statements is not true about bills of exchange?

• A)Businesses cannot issue bills of exchange but they can buy and sell them.
• B)They are often held by several parties before being presented for payment.
• C)They are often used to raise short term finance for commercial transactions.
• D)They play an important role in providing credit for international transactions.

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Definitions:

Contingency Management

A behavioral therapy technique that modifies behavior by changing the consequences that follow specific actions, often using rewards or punishments.

Mindfulness

A mental practice focused on being fully present and engaged in the moment, without judgment.

Present Moment

The state or experience of being fully aware of and focused on what is happening right now, without distraction by thoughts of the past or future.

Consciousness Raising

A technique used in various self-help and social movements aimed at increasing awareness about particular issues or aspects of one's self.