The exporter endorses the ________ so title to the goods is transferred to the bank.
A) bill of lading
B) letter of credit
C) draft
D) promissory note

Name: The exporter endorses the ________ so title to the goods is transferred to the bank. A) bill of lading B) letter of credit C) draft D) promissory note
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Question

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Having seen the letter of credit, an exporter can ship the products to another country. Title to the products is transferred to the bank in the form of a document called a bill of lading.

The Exporter Endorses the ________ So Title to the Goods