Question: A banker's acceptance is: Question 9 options: a method to help importers evaluate the creditworthiness of exporters. an add - on instrument. for a maturity
A banker's acceptance is:
Question options:
a method to help importers evaluate the creditworthiness of exporters.
an addon instrument.
for a maturity of greater than one year.
a time draft drawn on the exporter's bank.
a liability of the importer and the importer's bank.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
