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    Exam 11: Export Pricing
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    When a Draft Is Drawn on and Accepted by a Bank
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When a Draft Is Drawn on and Accepted by a Bank

Question 46

Question 46

Multiple Choice

When a draft is drawn on and accepted by a bank, what does it become?


A) Money in the bank
B) Banker's acceptance
C) Surety
D) Break line

Correct Answer:

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