Question
Once a bill is drawn it is sent to the ___________ for ___________. Before the date for payment it may be negotiated to others, called
Once a bill is drawn it is sent to the ___________ for ___________. Before the date for payment it may be negotiated to others, called _______________ by way of ___________.
Multiple Choice
maker; acceptance; endorsers; endorsement
drawee; acceptance; holders; endorsement
drawee; payment; endorsers; endorsement
maker; endorsement; holders; exchange
drawee; endorsement; endorsers; acceptance
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
