A Drawee on a Draft Has No Responsibility Under the Draft

question 45

True/False

A drawee on a draft has no responsibility under the draft until it has accepted that instrument.

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Definitions:

Fundus

The upper portion of an organ, especially the top of the stomach, or the part of the eye opposite to the pupil.

Body Mass Index (BMI)

A numerical computation that evaluates an individual's weight in relation to their height, used as an indicator of obesity and underweight.

Medium Frame

A body type that falls between a small and large build, often determined by wrist circumference and height.

Desired Weight

The weight an individual aims to achieve or maintain, often through diet and exercise.