A Sight Draft Allows the Payee of a Bill of Exchange

question 46

True/False

A sight draft allows the payee of a bill of exchange to receive payment immediately, whereas a demand draft only allows the payee to require the drawee to make payment within three days of presentation.

---

Definitions:

Bladder Control

The ability to manage urinary functions, typically developed in early childhood as part of potty training.

REM Sleep

Rapid Eye Movement (REM) Sleep is a stage of sleep characterized by fast and random movements of the eyes, alongside increased brain activity, vivid dreams, and temporary muscle paralysis.

Bed-wetting

Involuntary urination during sleep, especially common in children.

Calorie Intake

The total amount of calories consumed through food and drink over a period, important for balancing energy needs and maintaining weight.