IN SETTLEMENT BY ACCEPTANCE, WHAT WILL THE BANK DO AFTER RECEIVING...

25. In settlement by acceptance, what will the bank do after receiving the documents and

draft drawn from on the buyer from the seller?

A. The bank will pay the seller immediately

B. The bank will pay the seller as long as the documents submitted comply with all

the terms of letter of credit.

C. The bank checks the documents

D. The bank agrees to pay the bill when it matures