Which of the following is a characteristic of a time draft?
A. It has no value given the deferred nature of the document.
B. It is generally not preferred in international transactions.
C. It is a negotiable instrument.
D. It is also known as a bill of lading.
E. It cannot be sold by an exporter.
C
Business
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Which of the following phrases explains the term lease?
A) an interest in real property given to a lender as security for the repayment of a loan B) an interest in real property for a person's lifetime C) the transfer of the right to use real property for a specified period of time D) a right to use someone else's land without owning or hiring it
Business
Provide the most common one-time or initial costs involved in buying a house
What will be an ideal response?
Business