Drafts That Have Been Accepted by Banks Become

question 35

Multiple Choice

Drafts that have been accepted by banks become:

• A) clean drafts.
• B) nonmarketable.
• C) banker's acceptances.
• D) none of the above

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Definitions:

Coffee And Tea

Two popular beverages consumed worldwide, derived from brewing the roasted seeds of the Coffea plant and the dried leaves of the Camellia sinensis plant, respectively.

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Cross-Price Elasticity

A measure in economics that shows how the quantity demanded of one good reacts to a change in price of another good, indicating their substitutability or complementarity.

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