A Draft Requiring Immediate Payment Is Called A(n)

question 87

Multiple Choice

A draft requiring immediate payment is called a(n)

• A) bill of exchange.
• B) sight draft.
• C) time draft.
• D) documentary draft.

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Definitions:

Stereotype Interchangeability

The notion that stereotypes, while fixed in general, can be applied to any member of a targeted group without consideration for individual differences.

Stereotypes

Oversimplified and generalized beliefs or ideas about a group of people that often overlook individual differences and complexities.

Salience Principle

Categorizing people on the basis of what initially appears prominent about them.

Categorize

involves the process of classifying or organizing items, people, or concepts into groups based on shared characteristics or criteria.