With regard to a rollover bill financing facility:
A) the bank agrees to sell commercial bills drawn by the borrower for unspecified amounts.
B) the bank agrees to sell commercial bills drawn by the borrower up to a specified limit.
C) the discounter agrees to sell commercial bills drawn by the borrower up to a specified limit.
D) none of the given answers are correct.

Question

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The Answer of With regard to a rollover bill financing facility:
A) the bank agrees to sell commercial bills drawn by the borrower for unspecified amounts.
B) the bank agrees to sell commercial bills drawn by the borrower up to a specified limit.
C) the discounter agrees to sell commercial bills drawn by the borrower up to a specified limit.
D) none of the given answers are correct.

With Regard to a Rollover Bill Financing Facility