Which of the Following Is NOT a Function of a Draft

question 12

Multiple Choice

Which of the following is NOT a function of a draft ?

• A) to provide written evidence, in clear and simple terms, of a financial obligation
• B) to enable both parties to potentially reduce their costs of financing
• C) to provide a negotiable and unconditional instrument
• D) to insure the exporter is paid on a non-recourse basis

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Definitions:

Inner Feelings

An individual's personal, private emotional experiences.

Facial Expressions

Non-verbal communications made with the face that convey emotional states or reactions.

China

A country in East Asia, the world's most populous nation, known for its rich cultural heritage and rapid modernization.

Australia

A country and continent surrounded by the Indian and Pacific oceans, known for its unique wildlife, diverse ecosystems, and major cities like Sydney and Melbourne.