A Bill of Exchange Which Represents the Right to Receive

question 45

Multiple Choice

A bill of exchange which represents the right to receive cash in the future is a:

• A) bill payable.
• B) bill receivable.
• C) sundry debtor.
• D) credit card.

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Definitions:

Circular Packaging

refers to the design and use of packaging materials that are sustainable, by being recyclable, reusable, or compostable, aiming to minimize environmental impact.

Moral Philosophy

The branch of philosophy that deals with questions of right and wrong, ethics, and moral principles guiding human conduct.

Business Culture

The set of beliefs, values, practices, and behavioral norms that shape the environment and operating dynamics of a business organization.

Ethical Business Conduct

Refers to practices within an organization that involve maintaining fairness, transparency, and integrity in all operations.