Which of the following is NOTan advantage to the importer of L/C financing? A)any documents required are carefully inspected by clerks with years of experience B)an L/C is about as good as cash in advance C)the importer using an L/C can usually command better credit terms and/or prices D)L/C financing may be cheaper than the alternatives E)all of the above are advantages of the L/C to the importer

Question

Quizplus · Accepted Answer

All of the options listed are advantages to the importer of L/C financing.

Which of the Following Is NOTan Advantage to the Importer