2. Terms of Sale. Complete the following passage by selecting the appropriate terms from the following list (some terms may be used more than once): acceptance, open, commercial, trade, the United States, his or her own, draft, account, bank, banker's, the customer's. (LOI) Most goods are sold on In this case the only evidence of the debt is a record in the seller's books and a signed receipt. An alternative is for the seller to arrange a(n). ordering payment by the customer. In order to obtain the goods, the customer must acknowledge this order and sign the document. This signed acknowledgment is known as a(n). . Sometimes the seller may bank to sign the document. In this case it is known also ask as a(n).