A typical foreign trade transaction requires which three basic documents?
A) letter of credit,bill of lading,and shipping documents
B) time draft,banker's acceptance,and bill of lading
C) letter of credit,time draft,and bill of lading
D) letter of credit,banker's acceptance,and bill of lading
Correct Answer:
Verified
Q37: In a forfaiting transaction,the forfait is usually
A)the
Q38: Assume the time from acceptance to maturity
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
Q43: Arguments in favor of countertrade include benefits
Q44: In the event of a default
A)the forfait
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
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