Which of the following payment methods provides the exporter with the weakest protection against default risk?
A)Cash in advance
B)Letter of credit
C)Draft
D)Consignment

Question

Quizplus · Accepted Answer

Consignment offers the weakest protection against default risk for the exporter because payment is only received after the goods are sold by the distributor or agent, leaving the exporter exposed to the risk of non-payment.

Which of the Following Payment Methods Provides the Exporter with the Weakest