A Sight Draft

question 18

Multiple Choice

A sight draft

• A)is a bill of exchange that is effective when it is seen by the buyer.
• B)is a bill of exchange prepared by the buyer.
• C)allows the buyer to keep control and title to the goods once the seller receives them.
• D)allows the seller to keep control and title to the goods until the seller is assured of payment.
• E)is signed by both the seller and the buyer.

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Definitions:

Global Variable

A variable that is defined in the global scope, accessible and modifiable by any part of the code, across different functions and files.

Extern

The extern keyword in C and C++ is used to declare a variable or function in another file, indicating that its definition will be found elsewhere.

Source Code

The original code written by a programmer in a high-level programming language before it is compiled into machine code.

Declaration Statement

A statement in programming that specifies the type and possibly the initial value of one or more variables or constants.