With a(n) ____ arrangement, the exporter ships the products to the importer while still retaining actual title to the merchandise; the importer does not have to pay for the products until they have been sold to a third party.
A) letter of credit
B) open account
C) draft
D) consignment
Correct Answer:
Verified
Q39: Consider an importer that issues a promissory
Q40: Which of the following is not true
Q41: The _ is a private corporation owned
Q42: Which of the following payment terms provides
Q43: Which of the following is not a
Q45: Consider an exporter that ships products to
Q46: With _, the importer's bank promises to
Q47: The risk to the exporter is highest
Q48: When products are shipped under a _,
Q49: In a(n) _ or clearing-account arrangement, the
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