Which of the following is the most risky for an importer?
A) Open account
B) Irrevocable letter of credit
C) Bank collection time draft
D) Cash in Advance
E) None of the above
Correct Answer:
Verified
Q68: The premiums charged by marine insurance companies
Q69: What is an export license?
A) Permission from
Q70: The total number of Incoterms as of
Q71: The Department of Commerce organizes events called
Q72: Freight forwarders' responsibilities may include all of
Q74: An export bill of lading serves as:
A)
Q75: The kinds of marine insurance policies include:
A)
Q76: Collection documents vary from country to country.
Q77: Foreign trade zones are also called:
A) free
Q78: On a consignment sale, the payment risk
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