A Sight Draft Allows for a Delay in Payment

question 62

True/False

A sight draft allows for a delay in payment.

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Definitions:

Leading Questions

Questions that suggest the desired answer, often used during cross-examination to guide a witness's testimony.

Return-Of-Service

An obligation, often found in scholarship or employment contracts, requiring the benificary to provide a predetermined period of service in exchange for the scholarship or benefit received.

Legally Binds

Places individuals or entities under a legal obligation, enforcing an agreement or contract.

Verifies

Confirms or establishes the truth, accuracy, or validity of something.