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If r is a positive number and the point (x, y) is in the indicated quadrant, decide whether the given ratio is positive or
negative.
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Initial Credit Purchase
The first acquisition of goods or services that allows payment to be delayed.
Sight Draft
A financial document that demands immediate payment upon presentation to the drawee, often used in international trade.
Time Draft
A written order to pay a specified amount of money at a certain time in the future, often used in international trade.
Banker's Acceptance
A short-term financial instrument issued by a company that is guaranteed by a commercial bank. It is commonly used in international trade.
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