An International Draft Is an Order from the Seller to the Buyer

question 29

Multiple Choice

An international draft is an order from the seller to the buyer or the buyer's bank to pay the seller upon delivery of goods or the presentation of documents.Thus,the seller is both:

• A) The drawer and the drawee.
• B) The drawer and the payee.
• C) The drawee and the payee.
• D) The seller is only the drawer.

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Definitions:

Social Identity

An individual's sense of who they are based on their group memberships, such as nationality, religion, gender, and occupation.

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