If a draft is made to bearer, payment should be made to _____. A. a bank B. drawer C. acceptor D. anyone who presents the draft E. all of the above

If a draft is made to bearer, payment should be made to _____.
A. a bank
B. drawer
C. acceptor
D. anyone who presents the draft
E. all of the above
by

1 Answer

Answer :

D. anyone who presents the draft
by

Related questions

Which of the following is not a condition for drafts to be negotiable? A. must be in writing, signed by the drawer B. must contain a promise to pay a certain sum if goods are received C. must contain an order to pay D. must be payable on sight or at a specified date E. must be made out to order or bearer

Description : Which of the following is not a condition for drafts to be negotiable? A. must be in writing, signed by the drawer B. must contain a promise to pay a certain sum if goods are received C. must contain an ... D. must be payable on sight or at a specified date E. must be made out to order or bearer

Last Answer : B. must contain a promise to pay a certain sum if goods are received

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Last Answer : D. banker's acceptance

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Last Answer : E. none of the above

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Last Answer : B. clean

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Last Answer : A. a check for the value of goods

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Last Answer : A. exporter

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Which of the following is not a basic objective of documentation in foreign trade? A. to assure that the exporter will receive the payment B. to assure that the importer will receive the goods C. to eliminate risk of noncompletion D. to reduce foreign exchange risk E. none of the above

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Last Answer : B. irrevocable

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Last Answer : C. received-for-shipment

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Which of the following is not a form of countertrade? A. barter B. consignment C. switch trading D. counterpurchase E. compensation agreement

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Which of the following is not a form of offset agreements? A. coproduction B. licensed production C. subcontractor production D. cash in advance E. technology transfer

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A minor cannot be a______________ of the instrument A. Drawer B. Drawee C. Payee D. Acceptor

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Last Answer : Enter the following transaction of Hariram Bros, in a cash book with cash and bank column for the month of ... the bank all cash in excess of ₹ 5,000.

(i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

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Last Answer : Do you agree with the following statements : (i) Issue of Bearer cheque record on payments ... transactions are recorded in the cash book only.

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Last Answer : b) Cash before delivery

When a remitter presents MO form filled in regional language which is not known at the office of payment, the MO issue PA a) Translates into English b) Dispatches the MO form as it is c) Insists the customer to fill the form in English d) Refused to book the MO

Description : When a remitter presents MO form filled in regional language which is not known at the office of payment, the MO issue PA a) Translates into English b) Dispatches the MO form as it is c) Insists the customer to fill the form in English d) Refused to book the MO

Last Answer : a) Translates into English

Model registration fee payment can be done by... a. Demand draft c. Cash b. Online d. Both a & b

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Last Answer : Both a & b

Which of the following is a currency established as money by government regulation or law but it is not backed by any commodity, such as gold, silver etc., but only by the faith of the bearer? A. Commodity Money B. Representative Money C. Fiat Money D. fiduciary currency E. None of the Above

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A protest is made by A. The drawer B. The indorser C. A notary D. None of the above.

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The best strategy when being the bearer of bad news?

Description : The best strategy when being the bearer of bad news?

Last Answer : When in doubt, honesty is the best policy, and the easiest in the long run and since this is not something that is going to need attention this minute, waiting until the end of her vacation is the best plan. Why ruin her fun time until you have too.

Does carrying a severed rabbit's foot give the bearer good luck?

Description : Does carrying a severed rabbit's foot give the bearer good luck?

Last Answer : Of course not. But superstitions live on thanks to the irrepressible power of confirmation bias.

No one can see me, hear me, feel me, or smell me. Yet, if you tell me... I can do all those things and more. Every person, animal, amphibian (or more) needs me. Without me my wielder will die. I can only be touched when my bearer is dead, and I can only be used if my bearer lives. You can create me cooperatively, but cannot create me manually. What am I? -Riddles

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Last Answer : I am your brain.

What is Bearer Channel (B Channel) ?

Description : What is Bearer Channel (B Channel) ?

Last Answer : Bearer Channel (Channel B) carries key data or data , voice and other services on an integrated service digital network (ISDN). This term is known as A B channel. The most well-known example of a carrier channel is the ISDN B channel.

Who is the bearer and carrier of heredity ?

Description : Who is the bearer and carrier of heredity ?

Last Answer : : Chromosomes are hereditary bearers and carriers.

What are two Hebrew words for armor bearer?

Description : What are two Hebrew words for armor bearer?

Last Answer : two Hebrew words for armorer bearer

What are two Hebrew words for armor bearer?

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Last Answer : two Hebrew words for armorer bearer

Regular bearer varieties of mango

Description : Regular bearer varieties of mango

Last Answer : Ans. Ratna, Neelum, Himsagar, Gulab khas, Pairy and Totapari

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Which of the following is not a type of cheque issued by an individual? A. Bearer Cheque B. Crossed Cheque C. Order Cheque D. Savings Cheque

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Certain characteristics or circumstances may increase the susceptibility of assets to misappropriation. Opportunities to misappropriate assets increase due to the following except: a. Inventory items that are small in size, of high value, or in high demand. b. Known or anticipated future employee layoffs. c. Easily convertible assets, such as bearer bonds, diamonds, or computer chips. d. Fixed assets which are small in size, marketable, or lacking observable identification of ownership.

Description : Certain characteristics or circumstances may increase the susceptibility of assets to misappropriation. Opportunities to misappropriate assets increase due to the following except: a. Inventory items that ... which are small in size, marketable, or lacking observable identification of ownership.

Last Answer : Certain characteristics or circumstances may increase the susceptibility of assets to misappropriation. Opportunities to misappropriate assets increase due to the following except: a. Inventory items that ... which are small in size, marketable, or lacking observable identification of ownership.