Which of the following is not a true statement?
A. The all-in-rate a bank charges its customer (s) for accepting drafts includes both the discount rate and the acceptance commission.
B. With a banker's acceptance, a bank purchases a receivable without recourse to the exporter.
C. MNCs can use factoring to sell their existing accounts receivable as a means of obtaining cash.
D. An exchange of goods between two parties under two distinct contracts expressed in monetary terms is known as counterpurchase.
E. Prepayment provides the supplier with the greatest degree of protection.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is not a true statement? A. The all-in-rate a bank charges its customer (s) for accepting drafts includes both the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which compound frequency will earn yo the most money
Answers (1)
A close family member explains that she does not give money to charity because she "wouldn't receive any personal benefit from donating" and because "most charities waste their donations on salaries and other administrative expenses.
Answers (1)
Use the following dа ta: Purchase Costs Leasing Costs Down payment: $2,400 Security deposit: $800 Loan payment: $720 for 48 months Lease payment: $720 for 48 months Estimated value at end of loan: $4,300 End-of-lease charges: $645 Opportunity
Answers (1)
Take a stab at this question (you'll need to do some multiplication). Every day, 500,000 drivers in Los Angeles incur an additional 30 minutes of traffic delays when commuting by car to their jobs.
Answers (1)
A utility (such as a power company) which controls all services in a designated area is called aa) trust. b. cartel. c. natural monopoly. d. devised oligopoly.
Answers (1)
New Questions in Business
Emma is babysitting Laura's children. Emma turns on the stove to make dinner, but a flame shoots out and burns Emma's hand. Later, Laura realizes she forgot to tell Emma not to turn on the stove. Which type of insurance is needed?
Answers (1)
The next dividend payment by Skippy, Inc., will be $1.56 per share. The dividends are anticipated to maintain a growth rate of 4 percent, forever. The stock currently sells for $29 per share. What is the required return
Answers (1)
Calculator Danielle is a partner in and sales manager for DG Partners, a domestic business that is not a specified service trade or business.
Answers (1)
If it takes 40 hours to complete the first unit and the company knows from experience that the learning rate should be 0.80, how fast can they be expected to finish all twelve units? 289 hours 18 hours 264 hours 316 hours
Answers (1)
In year 1, Kris purchased a new home for $200,000 by making a down payment of $150,000 and financing the remaining $50,000 with a loan, secured by the residence, at 6 percent. As of January 1, year 4, the outstanding balance on the loan was $40,000.
Answers (1)