Author Question: When the payee is concerned about the quality of a draft, it may be submitted to the drawee for ... (Read 59 times)

lindiwe · **on:** Jun 24, 2018

When the payee is concerned about the quality of a draft, it may be submitted to the drawee for confirmation. That is called an acceptance or bankers' acceptance.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The maximum allowable increase of air pollution:
a. determines the specific limits on economic growth in nonattainment areas b. was eliminated from the Clean Air Act requirements
c. is determined by the EPA on a case-by-case basis to the extent of pollution offsets needed for new construction
d. determines the extent to which the bubble concept can be applied in meeting the Clean Air Act requirements e. none of the other choices