A bill involved in a draft transaction is considered a note ________

A. if the drawer owes money to the drawee
B. if the drawee is drawer's buyer
C. if the drawee is a borrower of the drawer
D. if the drawer has kept money with the drawee for safeguarding

C

Business

You might also like to view...

As a general rule, your PITI shouldn't exceed 28% of your pretax monthly income

Indicate whether this statement is true or false.

View
Business

Currently, most firms use NPV and IRR as their primary capital-budgeting technique

Indicate whether this statement is true or false.

View
Business