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:

Nursing Homes

Residential facilities that provide healthcare and assistance to elderly or disabled individuals.

Physically Abused

Experiencing harm or injury to the body caused intentionally by another person, often involving force.

Children

Young human beings below the age of puberty or below the legal age of majority.

Severely

With a great degree of intensity, seriousness, or harshness.