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  3. Study Set
    Commercial Banking The Management of Risk
  4. Exam
    Exam 18: Global Financial Services
  5. Question
    The Term "Accepted" on a Bankers Acceptance Indicates an Irrevocable
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The Term "Accepted" on a Bankers Acceptance Indicates an Irrevocable

Question 23

Question 23

True/False

The term "accepted" on a bankers acceptance indicates an irrevocable obligation of the accepting bank.

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