Which of the Following Drafts Allows for a Delay in Payment

question 117

Multiple Choice

Which of the following drafts allows for a delay in payment?

• A)Sight draft
• B)Time draft
• C)Bill of lading
• D)Counterpurchase
• E)Offset

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Definitions:

Negative Messages

Communications that convey rejection, denial, or displeasing information, often requiring careful wording to mitigate negative reactions.

Legal Liability

The responsibility or obligation under law to make restitution for wrongdoing or negligence.

Expressions Of Sympathy

Statements or gestures that convey understanding, support, and compassion to someone experiencing grief or hardship.

Provinces And Territories

Political and geographic subdivisions within a country, each with its own government and regulations.