A ________ Represents an Unconditional Agreement by a Bank to Pay

question 109

Multiple Choice

A ________ represents an unconditional agreement by a bank to pay a specified amount at a particular time.

• A) certified trade acceptance
• B) banker's acceptance
• C) letter of credit
• D) guaranteed funds agreement

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An IP address used inside a home or business that is not allowed to be transmitted across the Internet. Contrast to a public IP address.

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