The person or company to whom the draft or bill of exchange is addressed is the:
A) maker. B) drawer. C) originator. D) drawee.
Answer: D
Business
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Where should goods in transit that were recently purchased f.o.b. destination be included on the balance sheet?
a. Accounts payable. b. Inventory. c. Equipment. d. Not on the balance sheet.
Business
A dual agent represents _____________________ the buyer and the seller and is legal in California.
A. buyer B. seller C. neither D. both
Business