When a Time Draft Is Presented to a Drawee,he or She

Multiple Choice

When a time draft is presented to a drawee,he or she signifies acceptance of it by

A) delivering the goods immediately.
B) paying the draft amount immediately.
C) providing a collateral for the amount specified in the bill.
D) writing or stamping a notice of acceptance on its face.
E) selling the draft to an investor at a discount from its face value.