Which of the following payment terms provides the supplier with the greatest degree of protection?
A) letters of credit.
B) consignment.
C) prepayment.
D) drafts (sight/time) .
Correct Answer:
Verified
Q13: An exchange of goods between two parties
Q14: According to the text, international trade activity
Q15: In _, a bank arranges to fund
Q16: With _, a bank purchases a receivable
Q17: Consider an exporter that sells its accounts
Q19: Consider an importer that issues a promissory
Q20: A _ provides a summary of freight
Q21: _ is not a type of program
Q22: Which of the following is not a
Q23: A draft drawn on and accepted by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents