A(n) ________ is a promise by a bank to pay a designated firm a specific amount at a future date. A) letter of credit B) electronic funds transfer C) currency exchange D) banker's acceptance

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A(n) ________ is a promise by a bank to pay a designated firm a specific amount at a future date. A) letter of credit B) electronic funds transfer C) currency exchange D) banker's acceptance

A banker's acceptance is a promise by a bank to pay a designated firm a specific amount at a future date.

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Asked 9/4/2013 8:29:10 AM

Updated 5/10/2020 11:03:13 PM

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Edited by Masamune [5/10/2020 11:03:12 PM], Confirmed by Masamune [5/10/2020 11:03:13 PM]

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