Once a time draft is stamped with an acceptance,the maker can sell the draft at a premium to its face value.
Correct Answer:
Verified
Q20: For American companies,the most comprehensive source of
Q21: When conventional means of payment are difficult,a
Q22: The sight draft specifies that the bank
Q23: Time drafts are negotiable instruments.
Q24: The mission of the Eximbank is to
Q26: Firms use countertrade to trade goods and
Q27: Unless there is no alternative,large,diverse multinational enterprises
Q28: The bill of lading can act as
Q29: The Eximbank is a part of the
Q30: Countertrade contracts may involve the exchange of
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