An acceptance is invalid unless it complies with the following conditions: [Check All that apply] It must not express that the drawee will perform his promise by any other means than the payment of money. The acceptance must be completed by delivery of the bill or notification that it has been accepted. It must be written on the bill and signed by the drawee. The mere signature of the drawee without additional words is sufficient. Question 38 ( 2 points) The term used to describe the ease with which an asset can be converted to cash is Liquidity Exchange Rate Return on Investment (ROR) Risk.