Under the Terms of a Sight Draft, the Buyer's Bank

question 58

Multiple Choice

Under the terms of a sight draft, the buyer's bank:

• A)Is instructed to make immediate payment
• B)Treats the invoice like a postdated cheques
• C)Forwards the acceptance to the seller until due
• D)Treats the purchase as a conditional sale

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Definitions:

Voting Rights Act

A significant federal law in the United States that bans discrimination based on race in voting practices.

Literacy Tests

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Bilingual Ballots

Election ballots printed in two languages to accommodate voters who may not be proficient in the primary language of the area.

Transgender Individuals

Individuals whose gender identity differs from the sex they were assigned at birth.