When a Time Draft Is Drawn on and Accepted by a Business

question 14

Multiple Choice

When a time draft is drawn on and accepted by a business firm,it is called a(n) :

• A) trade acceptance
• B) in-transit
• C) banker's acceptance
• D) bill of lading
• E) commercial acceptance

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Definitions:

Adolescent Growth Spurt

The rapid physical development and increase in height and weight that occurs during puberty.

Broader Hips

A physical characteristic often associated with female anatomy that involves wider pelvic bones, which plays a significant role in childbirth.

Puberty

The period during which adolescents reach sexual maturity and become capable of reproduction.

Sexual Maturity

The stage of development at which an individual becomes capable of reproductive activity.