In an International Sale of Goods, Cielo SA, the Buyer

Multiple Choice

In an international sale of goods, Cielo SA, the buyer, and Drones Inc., the seller, use a banker's acceptance. Essentially, this instrument

A) promises that the maker will pay a specified amount to another party.
B) orders the buyer to pay a specified amount to the seller.
C) orders the buyer's bank to pay a specified amount to the seller.
D) acknowledges a deposit of funds payable to the holder.