"Bill of exchange" and "international draft" are two names for the same type of negotiable instrument.
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Q3: If the issuing bank accepts documents that
Q4: In order to negotiate an order instrument,it
Q5: A documentary draft is a time draft
Q6: Under accounts receivable financing,the factor is protected
Q7: The issuing bank will honor the draft
Q9: The holder of a banker's acceptance may
Q10: The seller's bank acting as an advising
Q11: The Convention on Bills of Exchange as
Q12: Letters of credit is a revocable commitment
Q13: Under a documentary collection,the banks are acting
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