Which of the Following Statements Is TRUE with Respect to Bills

question 60

Multiple Choice

Which of the following statements is TRUE with respect to bills of exchange?

• A)A bill of exchange must be drawn upon a bank,a trust account,or some other financial institution.
• B)A bill of exchange is usually used only for relatively small domestic transactions.
• C)Once a bill of exchange is accepted,the drawer becomes known as the acceptor.
• D)Unlike a promissory note,a bill of exchange cannot be used to create a credit arrangement between the parties.
• E)Whereas a cheque must be drawn on a bank,a bill of exchange may be drawn on a bank or anyone else.

Comprehend how personality is assessed and measured by psychologists.

Grasp the importance of considering both situational and intrapersonal factors in personality research.

Acknowledge the role of culture in shaping personality.

Realize the necessity of multiple approaches for a comprehensive understanding of personality phenomena.

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Definitions:

Favorable Response

An answer or reply that expresses approval, agreement, or positive recognition of a request or situation.

Résumé

A document summarizing one's personal information, education, qualifications, and employment experience, used when applying for a job.

Proposal Benefit

A proposal benefit is an advantage or positive outcome that is promised or expected to result from the acceptance and implementation of a proposal.

Heart

A metaphorical or literal term, referring either to the organ that pumps blood through the body or the core, emotional center of something.