The Draft Is the Instrument Normally Used in International Commerce

question 22

Multiple Choice

The draft is the instrument normally used in international commerce to:

• A) transfer product.
• B) prove ownership.
• C) transfer title.
• D) initiate the sale.

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Definitions:

Problem-Solving Report

A document that outlines a problem, analyzes potential solutions, and recommends the best course of action.

Progress Report

A document or update that provides stakeholders with information on the current status of a project, including what has been completed, what is in progress, and any issues encountered.

As-Needed Basis

A condition or situation in which actions are taken or resources are used only when required.

Appendix

An additional section at the end of a book or document, providing extra information, tables, or references not included in the main text.