A ____________ is a time draft with a maturity of less than 270 days that has been accepted by the bank on which the draft was drawn,thus becoming the accepting bank's obligation.
Correct Answer:
Verified
Q133: Before opening a letter of credit,a buyer
Q134: The U.S.government corporation that offers insurance against
Q135: A _ letter of credit is a
Q136: The Incoterm acronym FOB (named loading port),refers
Q137: The Incoterm acronym DDP (destination place)refers to
Q139: The U.S.government agency that provides loans,guarantees,and insurance
Q140: The sale of an exporter's accounts receivable
Q141: Rebates on customs duties are known as
Q142: "Although air freight rates are usually higher
Q143: Identify and explain the different Incoterms.
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