• 2022-06-07
    ( )means an act of negotiation to sign on the back of a draft to transfer rights in the draft to another.
  • Endorsement

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      The remittance in the settlement of account includes the following:________ A: mail transfer, telegraphic transfer and demand draft B: documents against payment C: documents against acceptance D: clean bills and documentary bills

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      A draft can be made payable to bearer/holder. This type of draft is acceptable by the Chinese banks.

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      In international trade, the often used means of payment is ________. A: check B: draft C: L/C D: M/T

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      The exporters were willing to grant 3 months’ credit so they draw a draft at 90 days after ______。( ) A: payment B: dispatch C: sight D: negotiation

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      You'd better draft your abstract before you have written a full draft of the paper.