Which of the Following Statements Regarding a Bank Bill Is

question 40

Multiple Choice

Which of the following statements regarding a bank bill is correct?

• A) A bank bill is not usually endorsed after it is sold for the second time in the secondary market.
• B) Once a bank becomes an acceptor for a bill other financial institutions can buy and accept the same bank bill.
• C) A bank bill may be both bank-accepted and bank-endorsed.
• D) A bank-accepted bill tends to trade at slightly higher yields than bank-endorsed bills.

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Definitions:

Compliance

The act of conforming to a rule, request, or command, often as a response to authority or in adherence to regulations.

Emphasized Femininity

A concept in sociology referring to a set of socially constructed ideas about "proper" female behavior that emphasizes passivity, empathy, and nurturing.

Sexual Attractiveness

Features or qualities of a person that evoke sexual interest or desire in others.

Independence

The condition or quality of being free from control or support by another person, entity, or state.