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:

Verified
Correct Answer:
Verified
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