Consider a bank that acknowledges that it will make payments on behalf of a computer importer after the computers are delivered to the importer. This reflects:
A) accounts receivable financing.
B) forfaiting.
C) factoring.
D) a letter of credit.
Correct Answer:
Verified
Q1: A bill of exchange requesting the bank
Q3: Consider an exporter that sells its accounts
Q4: A bill of exchange requesting the bank
Q5: The all-in-rate a bank charges its customer(s)
Q7: Which of the following is a reason
Q9: A _ provides a summary of freight
Q10: Which of the following payment terms provides
Q11: In _, a bank arranges to fund
Q22: According to the text, international trade activity
Q53: The _ was established in 1934 with
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