Solved

A ________ Represents an Unconditional Agreement by a Bank to Pay

Question 109

Multiple Choice

A ________ represents an unconditional agreement by a bank to pay a specified amount at a particular time.


A) certified trade acceptance
B) banker's acceptance
C) letter of credit
D) guaranteed funds agreement

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions