Which of These Is Not a Reason a Business Would

question 1

Multiple Choice

Which of these is not a reason a business would be prepared to accept a bill of exchange in settlement of a debt?

• A) If a legal dispute arises the bill represents a legal, written acknowledgment of the debt and its amount.
• B) Because a bill of exchange has government backing.
• C) A bill is interest-bearing and thereby produces interest for the business granting credit.
• D) A bill is more easily converted into cash than accounts receivable.

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Cultural Heritage encompasses the traditions, values, beliefs, and artifacts passed down through generations, representing a community or civilization's history and identity.

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The chain of authorized sellers or distributors setup by a company to retail its products directly to the end consumer.

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The International Labor Organization is a United Nations agency focused on promoting rights at work, enhancing social protection, and strengthening dialogue on work-related issues.

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