A Receivable from the Sale of Merchandise on the Basis

question 156

Multiple Choice

A receivable from the sale of merchandise on the basis of a draft or bill of exchange drawn against the buyer or the buyer's bank is termed a (n) :

• A) acceptance
• B) assignment
• C) co-maker loan
• D) warehouse loan

---

Definitions:

Social Reformers

Individuals who advocate for changes and improvements in society to address injustices and inequalities.

Socioeconomic Classes

Categories of society based on the economic, social, and occupational characteristics of individuals and families, influencing their lifestyle, behavior, and opportunities.

Taboo Subject Matter

Content in art, literature, or film that is avoided or prohibited due to cultural norms or sensitivities, often dealing with topics like sexuality or religion.

Temporal Continuity

In film and television, temporal continuity refers to the smooth chronological progression of the storyline, where events are presented in the order they occur.