A Sight Draft Is Payable on Presentation to the Drawee;

question 55

True/False

A sight draft is payable on presentation to the drawee; a time draft allows a delay in payment.

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Definitions:

Fulfilment

A feeling of happiness and satisfaction, especially from achieving one's goals or realizing one’s potential.

Corticosteroids

A class of steroid hormones that are produced in the adrenal gland and regulate a wide range of processes including immune response and metabolism.

Adrenal Cortex

The outer part of the adrenal gland that produces steroid hormones which regulate metabolism and immune response.