When a Draft Is Drawn on and Accepted by a Bank

question 46

Multiple Choice

When a draft is drawn on and accepted by a bank, what does it become?

• A) Money in the bank
• B) Banker's acceptance
• C) Surety
• D) Break line

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Definitions:

Peacefulness

The state of being tranquil and free from disturbance or agitation.

Abused or Neglected

Refers to individuals, especially children, who have experienced harmful treatment or a lack of proper care and support.

United States

A country located in North America, composed of 50 states, a federal district, five major territories, and various minor islands.

Physical Abuse

The use of physical force that may result in bodily injury, pain, or impairment. It is often used in the context of domestic or child abuse.