A Banker's Acceptance Is Created When

A banker's acceptance is created when

A) a document issued by the common carrier specifies that it has received the goods for shipment; it can serve as title to the goods.
B) after taking title to the goods via a bill of lading,the importer's bank accepts the time draft.
C) a time draft calls for payment upon physical delivery of goods matures.
D) none of the options

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