A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then ...

Author Question: A system of shortening the trip a bill of exchange makes from the payee to the drawee bank and then ... (Read 21 times)

sc00by25

Hero Member
Posts: 596

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

Sr. Member
Posts: 304

Reply #1 on: Jun 24, 2018

Answer to Question 1

D

Answer to Question 2

D

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