When a Time Draft Is Presented to the Drawee,he Signifies

question 4

Multiple Choice

When a time draft is presented to the drawee,he signifies acceptance of it by:

• A)delivering the goods in the agreed time.
• B)paying the draft amount immediately.
• C)providing a collateral for the amount specified in the bill.
• D)writing or stamping a notice of acceptance on its face.

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Definitions:

Null Hypothesis

The default hypothesis that there is no effect or no difference, and it is tested against an alternative hypothesis.

Credit Cards

Credit cards are financial instruments issued by banks allowing cardholders to borrow funds at point of sale, subject to the agreement to pay back the borrowed amount plus any applicable interest.

Alternative Hypothesis

A statement that proposes a relationship between variables, opposite to the null hypothesis, indicating a significant effect or difference.

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