Fill in the correct word from the following list: accept, the drawer, trade bill, promissory note, the drawee, You Owe Me, I Owe You, banker's acceptance, trade acceptance.
As the word suggests, in many ways a
(a) Is like a summary of the invoice. The supplier
(b) Draws the bill on the customer
(c). That is, like an invoice, a trade bill is a
(d) Document. In itself, a trade bill is not as trustworthy as an
(e) Document, such as a
(f), Which is written and signed by the debtor. To give a trade bill the same credibility as a
(g), The drawer typically sends it to the drawee with a request to
(h) It, that is, to add the drawee's signature and thus to acknowledge and confirm the existence of the underlying debt. A trade bill drawn on and accepted by the importer is called a
(i); A bill drawn on and accepted by a bank is called a (j).