Which of these is payable on presentation to the drawee?
A) bill of lading
B) sight draft
C) L/C
D) time draft
E) banker's draft
Correct Answer:
Verified
Q47: The letter of credit is issued by
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Q49: A _'s principle is to trade goods
Q50: Time drafts:
A) have no value given the
Q51: When a specialized third-party trading house is
Q53: Issued by a bank at the request
Q54: A _ is simply an order written
Q55: As a receipt,the _ indicates that the
Q56: Which of these allows for a delay
Q57: In an international transaction between an Asian
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