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    Exam 22: Creation of Negotiable Instruments
  5. Question
    A Sight Draft That Arises When Credit Is Extended by a Seller
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A Sight Draft That Arises When Credit Is Extended by a Seller

Question 20

Question 20

Multiple Choice

A sight draft that arises when credit is extended by a seller to a buyer with the sale of goods is known as a ________.


A) check
B) time draft
C) trade acceptance
D) demand draft

Correct Answer:

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