Beth and Tom are celebrating their 10-year wedding anniversary and have decided to celebrate by going on a dinner cruise. Tom goes to the website "Dinner on the Dock" to book the cruise and pays for it with his credit card. This is an example of a (n) :

Question

America Rasmussen

Social Studies

7 September, 05:02

Beth and Tom are celebrating their 10-year wedding anniversary and have decided to celebrate by going on a dinner cruise. Tom goes to the website "Dinner on the Dock" to book the cruise and pays for it with his credit card. This is an example of a (n) :

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Elsie Cervantes · Answer 1

Exchange

Explanation:

Bill exchange is a written order that has been once used at an order primarily in an international trade market. It is a binding payment from one party to the other party with a fixed sum that is on-demand from the predetermined date.

It is similar to a cheque. It can be drawn by the individual or the bank that can be transferred generally in an endorsement. It can involve the last or maximum of three parties. The payee is the person who sets the amount. for bill exchange.