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Author Question: Which of the following parties has primary liability on a draft? A)The drawee B)The maker C)The ... (Read 93 times)

big1devin

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Which of the following parties has primary liability on a draft?
 A)The drawee
 B)The maker
 C)The drawer
 D)The indorser

Question 2

A sale made with terms CIF Tokyo includes in the price quoted for the goods which of the following:
 A) cash, in-transit expenses, foreign exchange expenses.
 B) cash, insurance, freight.
 C) cost, insurance, freight.
 D) currency exchange expenses, insurance, freight.



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mjbamaung

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Answer to Question 1

B

Answer to Question 2

C




big1devin

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


momolu

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Reply 3 on: Yesterday
Excellent

 

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