Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable?
A) sales on open account→cash in advance→documentary credit (L/C) →documentary collection (draft)
B) documentary credit (L/
C) documentary collection (draft) →documentary credit (L/C) →cash in advance→sales on open account
D) cash in advance→documentary credit (L/C) →documentary collection (draft) →sales on open account
E) none of the above
Correct Answer:
Verified
Q82: Which set of documents generally represents the
Q86: The Customs Trade Partnership Against Terrorism (C-TPAT)recognizes
Q91: An executive is undecided whether to rely
Q92: Which of the following methods of financing
Q93: In an export\import transaction requiring a letter
Q94: Which of the following financing methods would
Q95: Which of the following incorrectly states the
Q95: Which of the following documents represents title
Q97: An irrevocable letter of credit transfers the
Q100: Which of the following correctly states the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents