Solved

Which of the Following Attributes of a Bankers' Acceptance Greatly

Question 34

Multiple Choice

Which of the following attributes of a bankers' acceptance greatly enhances its marketability?


A) the authenticity of an accepted draft is separated from the underlying commercial transaction
B) the accepted draft may not be dishonored for reason of a dispute between the exporter and importer
C) the accepted draft is automatically guaranteed by the Eximbank
D) both a and b

Correct Answer:

verifed

Verified

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

Related Questions