The discounting of a foreign account receivable that does not involve a draft is known as:
A) Factoring
B) Forfaiting
C) Letter of credit
D) Performance guarantee
Correct Answer:
Verified
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Q41: The Eximbank's finance export programs include:
A) Loans
B)
Q42: The governing body of rules for standby
Q43: A letter of credit in which the
Q44: A letter of credit that may be
Q46: Under the UCP 500, a beneficiary is
Q47: _ secures performance of a non-monetary obligation
Q48: Explain the difference between a revocable and
Q49: What are the differences among the advising,
Q50: What are the rules of strict compliance
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