The ________ is a letter of credit that the bank may alter at any time and for any reason.
A) advised letter of credit
B) confirmed letter of credit
C) irrevocable letter of credit
D) revocable letter of credit
Correct Answer:
Verified
Q26: What is the most common form of
Q27: Which form of countertrade is used when
Q28: What is the simplest form of countertrade?
A)
Q29: Credit card companies collect _ from the
Q30: Company X sold its products to Company
Q32: Columbus Trading agrees to exchange coffee and
Q33: The _ is a letter of credit
Q34: When acceptances are sold _, it means
Q35: A(n) _ confirms that the goods being
Q36: Which term refers to an accounting system
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents