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  3. Study Set
    International Business Law
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    Exam 12: Documentary Transactions
  5. Question
    A Time Draft Signed and Stamped by a Merchant Is
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A Time Draft Signed and Stamped by a Merchant Is

Question 5

Question 5

Multiple Choice

A time draft signed and stamped by a merchant is called a:


A) Trade acceptance
B) Merchant's acceptance
C) Banker's acceptance
D) Documentary acceptance

Correct Answer:

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