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    Business Law Study Set 1
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    Exam 22: Creation of Negotiable Instruments
  5. Question
    A Sight Draft That Arises When Credit Is Extended with the Sale
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A Sight Draft That Arises When Credit Is Extended with the Sale

Question 8

Question 8

Multiple Choice

A sight draft that arises when credit is extended with the sale of the goods is known as:


A) a time draft
B) a trade acceptance
C) a check
D) a time note

Correct Answer:

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