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Author Question: A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then ... (Read 29 times)

sc00by25

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on: Jun 24, 2018
A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then to the drawer is called _____.
 A) automated truncation
 B) credit truncation
 C) payment truncation
 D)check truncation

Question 2

A person becomes a(n) __________ at the moment of taking possession of abandoned personal property.
 A) bailor
 B) bailee
 C) constructive bailee
 D) owner


Melissahxx

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

D


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