Among the following terms of payment,which is the one which is the most customer-friendly and still protects the exporter from the risk of non-payment?
A) a letter of credit
B) open account
C) open account with credit insurance
D) international forfeiting
E) None of the above

Question

Quizplus · Accepted Answer

An open account with credit insurance presents the most customer-friendly terms,since the importer does not have any cash-flow requirements prior to the transaction,and the exporter is covered against the risk of non-payment.

Among the Following Terms of Payment,which Is the One Which