The Term "Issuer

question 6

Multiple Choice

The term "issuer"

• A)is not used in relation to commercial paper.
• B)is an all-purpose term that means both maker and drawer.
• C)is synonymous with drawee.
• D)is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.

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Definitions:

B2B Commerce

Business-to-Business commerce, wherein transactions are conducted between companies rather than between companies and consumers.

Bookmark Feature

A functionality that allows users to mark specific points or pages in digital documents or web browsers for quick access in the future.

Internet-Connected Computer

A computer that is capable of sending and receiving data through internet networks, enabling access to the worldwide web and other online services.

M-Commerce

Mobile commerce, the buying and selling of goods and services through wireless handheld devices like smartphones and tablets.