Which One of the Following Statements Is False

question 52

Multiple Choice

Which one of the following statements is false?

• A)Commercial drafts represent a way to obtain a credit commitment from a customer before the goods are delivered.
• B)When a banker's acceptance is discounted in the secondary market it becomes a commercial note.
• C)Sight drafts require immediate payment.
• D)Banker's acceptances arise when a bank guarantees payment on a commercial draft.
• E)A commercial draft becomes a trade acceptance once the buyer accepts the draft and promises to pay.

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Definitions:

Communication Style

The manner in which an individual expresses or exchanges information with others.

Population Percent

A metric used to represent a portion or fraction of a whole population, typically expressed as a percentage.

Kinesthetic

Relating to the perception of movement, where the sensation is experienced through the movement of muscles, tendons, and joints.

Communication Style

Communication style pertains to the way an individual expresses themselves verbally and non-verbally, which can vary greatly among different people and contexts.