If a Bank Accepts a ________ Draft,it May Become a ________

question 11

Multiple Choice

If a bank accepts a ________ draft,it may become a ________.

• A) time, banker's acceptance
• B) sight, banker's acceptance
• C) time, trade acceptance
• D) sight, trade acceptance

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Definitions:

Intellectual Property

Various legal rights that grant creators control over their intellectual creations, such as patents, copyrights, trademarks, and trade secrets.

Registration System

A systematic process of recording information or data into an official list or database to ensure its authenticity and reliability.

Intangible Form

Describes assets or benefits that do not have a physical presence, such as intellectual property or goodwill.

Copyright Ownership

The exclusive legal rights given to creators for their original works of authorship, including the right to copy, distribute, and adapt the work.