A Banker's Acceptance Is a Low-Risk Security Because at Least

question 305

True/False

A banker's acceptance is a low-risk security because at least two, and sometimes three, parties may be liable for its payment at maturity.

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Definitions:

Pointing Device

A hardware input device used to allow a user to input spatial data into a computer, such as a mouse, trackpad, or stylus.

Input Device

A hardware device that sends data to a computer, allowing users to interact with and control it, such as a keyboard, mouse, or scanner.

Hardware Components

Physical parts of a computer or electronic system necessary for its operation, such as the CPU, RAM, hard drive, and motherboard.

Output Device

A hardware component used to convey information to one or more people by converting data into a human-readable form, such as monitors and printers.