Multiple Choice
Which of the following functions does a draft NOT perform?
A) to provide written evidence,in clear and simple terms,of a financial obligation
B) to enable both parties to potentially reduce their costs of financing
C) to provide a negotiable and unconditional instrument
D) to offer the exporter greater safeguards than a letter of credit in securing repayment from the importer
Correct Answer:

Verified
Correct Answer:
Verified
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