A Time Draft Payable to a Seller of Goods, with Payment

question 21

Multiple Choice

A time draft payable to a seller of goods, with payment guaranteed by a bank is a

• A) commercial paper security.
• B) T-Bill.
• C) repurchase agreement.
• D) negotiable CD.
• E) banker's acceptance.

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Definitions:

Technical Failure

An issue or malfunction related to the technology or machinery in a system, project, or product, leading to disruption or non-performance.

Decision-Making Process

A systematic approach to making choices among alternatives based on the evaluation of their potential outcomes.

Preferred Course

The most favorable or desirable path or decision among several options.

Sales And Marketing Strategy

A comprehensive plan that identifies the objectives, tactics, and measures for promoting and selling products or services to target customers effectively.