A Written Order for a Bank to Pay a Third

question 70

Multiple Choice

A written order for a bank to pay a third party a stated amount of money on a specific date is referred to as a

• A) letter of credit.
• B) banker's acceptance.
• C) check.
• D) line of credit.
• E) dividend.

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Definitions:

Immortality

The ability to live forever; not subject to death.

Fertility

The natural capability to produce offspring or the ability of soil to support plant growth.

Thesis Statement

A concise statement in an essay or research paper that presents the main argument or claim of the text, guiding the direction of the entire work.

Development

Refers to the process of growth, progress, or evolution in a particular area, often used in contexts like economic, social, or urban development.