For Which One of the Following Instruments Does a Bank

question 67

Multiple Choice

For which one of the following instruments does a bank guarantee payment by the buyer?

• A)Money market preferred stock
• B)Commercial paper
• C)Banker's acceptance
• D)Invoice
• E)Time draft

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Definitions:

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish.

Job Requires

The specific qualifications, skills, experience, and competencies necessary to perform the duties and responsibilities of a particular position.

Important Impact

Refers to a significant effect or influence that something has on a particular area or subject.

Industrial Engineer

A professional focused on designing, improving, and implementing integrated systems of people, materials, information, equipment, and energy to increase efficiency, reduce waste, and improve quality and productivity.