Author Question: A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then ... (Read 42 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
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

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library