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Which of the following attributes of a bankers' acceptance greatly enhances its marketability? the authenticity of an accepted draft is separated from the underlying commercial
Which of the following attributes of a bankers' acceptance greatly enhances its marketability?
the authenticity of an accepted draft is separated from the underlying commercial transaction | ||
the accepted draft may not be dishonored for reason of a dispute between the exporter and importer | ||
the accepted draft is automatically guaranteed by the Ex im Bank | ||
a and b only |
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