Question

Which of these cannot be negotiated:

A) Variable annuities.
B) Bankers' acceptances.
C) Mutual funds.
D) All can be negotiated.

Answer 1

Bankers' acceptances cannot be negotiated in the financial market.

Step-by-step explanation:

In the context of financial markets, bankers' acceptances cannot be negotiated. Bankers' acceptances are financial instruments issued by a bank that guarantee payment to a seller at a future date. They function as a short-term credit instrument used specifically in international trade. Once issued, bankers' acceptances are not transferable to other parties and cannot be negotiated.