The Maturity of a Banker's Acceptance Arising Out of International

question 14

Multiple Choice

The maturity of a banker's acceptance arising out of international transactions may not exceed what?

• A) 30 days
• B) 45 days
• C) Three months
• D) Six months

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Definitions:

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Conventional

Pertaining to commonly accepted standards or methods, often in contrast to innovative or unconventional approaches.

Moral Development

The process through which individuals acquire the standards of right and wrong that guide behavior, rooted in cognitive development.