A time draft that is drawn on and accepted by a commercial bank is called a ______.
A) banker's acceptance
B) banker's bourse
C) bill of lading
D) certificate of deposit
E) trade acceptance

Name: A time draft that is drawn on and accepted by a commercial bank is called a ______. A) banker's acceptance B) banker's bourse C) bill of lading D) certificate of deposit E) trade acceptance
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A time draft that is accepted by a commercial bank is called a banker's acceptance.

A Time Draft That Is Drawn on and Accepted by a Commercial