In the event of a default
A) the forfait does not have recourse against the exporter in the event of a default by the importer.
B) the forfait does have recourse against the exporter in the event of a default by the importer
C) the exporter will have to return the goods to the importer.
D) none of the options
Correct Answer:
Verified
Q39: Assume the time from acceptance to maturity
Q40: In a forfaiting transaction,the forfait
A)buys the notes
Q41: Through its Export Credit Insurance Program,Ex-Im bank
Q42: A typical foreign trade transaction requires which
Q43: Arguments in favor of countertrade include benefits
Q45: One of the steps to follow to
Q46: A buy-back transaction
A)is also called a bilateral
Q47: Under the terms of Islamic finance (Shari'ah)
A)selling
Q48: The armed forces of _ leads all
Q49: Countertrade transactions
A)are included in official trade statistics.
B)are
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