« previous next »

Author Question: How does a time draft become a banker's acceptance? What will be an ideal ... (Read 36 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jul 7, 2018
How does a time draft become a banker's acceptance?
 
  What will be an ideal response?

Question 2

The transmittal of technology from one country to another is known as technology ________.
 
  A) repatriation
  B) transfer
  C) drain
  D) piracy


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 7, 2018
Answer to Question 1

A time draft becomes a banker's acceptance when the importer's bank also accepts the time draft, for a fee, and thereby adds its own obligation to pay the draft to the importer's obligation.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
Bereaved spouses studied before loss, at the time of loss, and 18 months after loss show five ... Bereaved spouses studied before loss, at the time of loss, and 18 months after loss show five ...
Anatomy of the Large Intestine By the time chyme reaches the large intestine, most of its nutrients Anatomy of the Large Intestine By the time chyme reaches the large intestine, most of its nutrients
Disitive Time For Fruits Disitive Time For Fruits
A clock is showing the time as exactly 3:00 p.m. and 25 s. A clock is showing the time as exactly 3:00 p.m. and 25 s.
Sensation-seeking and risky behaviours may help teens achieve peer acceptance Sensation-seeking and risky behaviours may help teens achieve peer acceptance
Video: Digestion Animation

For a complete list of videos, visit our video library