Select the one term that best fits each definition.
-A letter issued by a bank guaranteeing that a named individual or business will be paid a specified amount provided stated conditions are met.
A) bill of lading
B) commercial invoice
C) contract of sale
D) draft
E) exports
F) imports
G) letter of credit
H) sight draft
I) time draft
J) trade acceptance
Correct Answer:
Verified
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