Which One of the Following Credit Instruments Is Commonly Used

question 70

Multiple Choice

Which one of the following credit instruments is commonly used in international commerce?

• A) Open account
• B) Sight draft
• C) Time draft
• D) Banker's acceptance
• E) Promissory note

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Definitions:

Recreational Activity

Any activity done for enjoyment, relaxation, or leisure, not driven by necessity or for professional purposes.

Multiple-Choice

A question type that presents respondents with several answer options and requires them to select one or more that are correct.

The Second Shift

The phenomenon where working individuals, often women, undertake additional unpaid labor at home, such as childcare and housework, after their formal job.

Interviews

A method of gathering information by asking questions verbally, typically in person but also possible over the phone or online, often used in research and hiring processes.