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21. Which of the following statements about commercial bills is correct? A. The buyer of the bill will provide the financing. B. The seller of

21. Which of the following statements about commercial bills is correct?

A. The buyer of the bill will provide the financing.

B. The seller of the bill will provide the financing.

C. The borrower has a specified time in which to repay the loan.

D. The acceptor agrees to pay the face value of the bill to the discounter at maturity.

ANSWER is C, but what's wrong with A and D? THANKS

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