When a Time Draft Is Presented to a Drawee,he or She

question 56

Multiple Choice

When a time draft is presented to a drawee,he or she signifies acceptance of it by

• A)delivering the goods immediately.
• 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.
• E)selling the draft to an investor at a discount from its face value.

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Definitions:

Pseudomonas Aeruginosa

A common, opportunistic bacterium that can cause diseases in plants, animals, and humans, particularly in immunocompromised individuals.

Antibiotic-Resistant

Refers to bacteria that have evolved the ability to survive exposure to antibiotics, making infections harder to treat.

Benign Bacteria

Non-pathogenic bacteria that do not cause disease and can be beneficial to their host organism.

Drug-Resistant Bacteria

Bacteria that have developed immunity to certain antibiotics, making infections harder to treat.