A Banker's Acceptance Is a Draft Drawn on and Accepted

question 7

Multiple Choice

A banker's acceptance is a draft drawn on and accepted by a(n) ____.

• A) bank
• B) importer
• C) exporter
• D) None of the above

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Definitions:

Compromised

Compromised refers to a state where security, integrity, or function of a system, account, or confidential information has been illegally accessed or weakened.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Collaboration

The process of two or more people or organizations working together to complete a task or achieve a common goal.

Coherence

The quality of being logical and consistent, ensuring that every part of a piece of writing or speech is connected in a clear and orderly manner.