Johnson Goods,a U.S.company is exporting to Watanabe Trading,a Japanese importer.The two parties agree on a draft,but Johnson Goods wants it to be a draft that is payable on presentation to Watanabe Trading.Johnson Goods is asking for a(n)
A) bill of lading.
B) sight draft.
C) letter of credit.
D) time draft.
E) offset.
Correct Answer:
Verified
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