menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Smith and Robersons Business Law
  4. Exam
    Exam 26: Form and Content
  5. Question
    A Form of Time Draft Known as a Trade Acceptance
Solved

A Form of Time Draft Known as a Trade Acceptance

Question 14

Question 14

True/False

A form of time draft known as a trade acceptance is used as a credit device in commercial transactions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: What are the requirements of negotiability under

Q10: Which of the following is correct with

Q11: Paper payable "on demand" fails the test

Q12: Which of the following is correct with

Q13: An instrument paying a fixed amount in

Q15: To be negotiable,an instrument must be in

Q16: A substitute check created under Check 21

Q17: Notes and certificates of deposit are orders

Q18: A written and signed promise by Miller

Q19: A reference to another writing makes a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines