Which One of the Following Describes a Banker's Acceptance

question 18

Multiple Choice

Which one of the following describes a banker's acceptance?

• A)agreement to loan money in exchange for an agreement by the borrower to offer an asset as collateral
• B)written agreement to loan funds in the future once the loan terms have been accepted
• C)postdated check with payment guaranteed by a bank
• D)agreement by a bank to provide short-term funds for the construction phase of a project
• E)the sale of a security by a bank accompanied by an agreement to repurchase the security the following day

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Definitions:

Plasticity

The brain's ability to change and adapt as a result of experience.

Temporal Lobe

A region of the brain responsible for processing auditory information and is also involved in memory and emotion.

Frontal Lobes

Brain regions located at the front of each cerebral hemisphere, responsible for executive functions like decision making, problem-solving, and controlling behavior.

Neurogenesis

The act of producing new brain cells.