Because of the risks associated with open-account transactions,when an exporter is forced for competitive reasons to offer an open account,the exporter should acquire credit ____________________ on those sales.
Correct Answer:
Verified
Q37: In attempting a credit check of a
Q38: SWIFT stands for
A) Southwestern International Fund Transfers.
B)
Q39: Among other reasons,international transactions are perceived to
Q40: The instruction letter is part of the
Q41: The most commonly used terms of payment
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
Q47: While a cash-in-advance transaction shows a lack
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