Banker's Acceptances Are Frequently Used to Facilitate Trade Between Firms

question 59

True/False

Banker's acceptances are frequently used to facilitate trade between firms in the United States and other countries.

---

Definitions:

Central Hudson Test

A four-part test used by courts to determine whether government regulation of commercial speech violates the First Amendment.

Commercial Speech

Speech made by businesses about commercial matters, such as the sale of goods and services. It is protected by the First Amendment.

Strict-scrutiny Standard

A form of judicial review that courts use to determine the constitutionality of certain laws by ensuring they serve a compelling governmental interest and are narrowly tailored to achieve their goal.

Laws Examination

A test or series of tests evaluating an individual’s knowledge or competence in areas of law, often as part of legal education or certification.