The Draft That Requires Immediate Payment by the Drawee to the Payee

question 473

Multiple Choice

The draft that requires immediate payment by the drawee to the payee, which is true of a check, is called:

• A) a trade acceptance draft
• B) a bankers' acceptance
• C) a time draft
• D) an account receivable
• E) none of the other choices

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Definitions:

Delta Waves

Slow brain waves present in deep sleep, and also seen in certain states of brain injury or abnormal brain function.

Alpha Waves

Brainwave patterns associated with a relaxed, yet awake, state.

Beta Waves

Brainwaves detected by an EEG that represent a state of wakefulness and alert concentration.

Lighting

The manipulation or use of light sources to achieve practical or aesthetic effects in environments.