In international trade matters,counterparty risk refers to the:
A) possibility that other parties may be affected by performance of a contract.
B) risk that the other party to a contract will not perform their duties under the contract.
C) possibility that other parties should have been made parties to the contract.
D) risk that one party to a contract may make more profit from the contract than was anticipated by the other party.
Correct Answer:
Verified
Q3: If the importer pays for a shipment
Q4: What is a cash cycle?
A)The cash cycle
Q5: What kind of products usually face higher
Q6: What is an open account in the
Q7: What are some of the product quality
Q9: If an exporter provides goods to an
Q10: In economic terms,_ occur when the benefit
Q11: What characteristics do open account arrangements and
Q12: If an importer has an intermediary guarantee
Q13: A documentary credit is so named because:
A)it
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