While a cash-in-advance transaction shows a lack of it,an open account demonstrates that the exporter has ____________________ toward the importer.
Correct Answer:
Verified
Q42: Because of the risks associated with open-account
Q43: In a cash-in-advance transaction,all risk is transferred
Q44: In some cases,the exporter may want to
Q45: A _ is an instrument that legally
Q46: Among the following terms of payment,which is
Q48: The most commonly used term of payment
Q49: The less developed an area of the
Q50: The issuing bank's promise to pay is
Q51: The rules of the URR 725 of
Q52: In documentary collection activity,the exporter's bank is
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