Under a(n) ____ arrangement, the exporter ships the goods to the importer while still retaining actual title to the merchandise.
A) draft
B) consignment
C) prepayment
D) open account
Correct Answer:
Verified
Q33: In _, the exporter sells accounts receivable
Q34: A draft drawn on and accepted by
Q35: _ promises to pay the beneficiary if
Q36: The _ is a private corporation owned
Q37: A(n) _ letter of credit is not
Q39: _ is not a type of program
Q40: Under a letter of credit arrangement, the
Q41: The sale of accounts receivable to a
Q42: The Working Capital Guarantee Program and the
Q43: Under a letter of credit, the exporter
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