A Time Draft for Payment at a Future Date, Often

question 28

Multiple Choice

A time draft for payment at a future date, often used in international trade is known as:

• A) a reverse repurchase agreement.
• B) a repurchase agreement.
• C) a line of credit.
• D) a letter of credit.
• E) a bankers acceptance.

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Definitions:

Marketing Program

A comprehensive plan that outlines strategies, tactics, and activities for effectively promoting and selling products or services.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

A landmark piece of legislation in the United States, enacted in 1964, that outlawed discrimination based on race, color, religion, sex, or national origin.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.