The Bankers' Acceptance Is a Draft Drawn on and Accepted

question 21

True/False

The bankers' acceptance is a draft drawn on and accepted by a bank rather than the importing firm.

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Definitions:

Digestive Organ

An organ involved in the digestion process, breaking down food into absorbable forms.

Bile

A digestive fluid produced by the liver and stored in the gallbladder, it aids in the digestion and absorption of fats in the small intestine.

Pharynx

The muscular tube that connects the mouth and nasal passages with the esophagus and larynx, serving both respiratory and digestive functions.