Which of the following documents is NOT part of a system designed to protect both the importer and exporter from non-completion of trade?
A) letter of credit
B) draft
C) bill of lading
D) All of the above are important protective documents.
Correct Answer:
Verified
Q20: _ may be required so that the
Q23: Which of the following purposes is NOT
Q23: The three parties to a letter of
Q26: _ drafts are unaccompanied by any other
Q27: A sight draft is payable on presentation
Q27: A banker's acceptance is a _ that
Q28: The person or company to whom the
Q28: When a confirmed letter of credit is
Q35: The draft is the instrument normally used
Q37: A straight bill of lading is most
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