The ________ payment method is commonly used when there is an ongoing relationship between the two parties.
A) advance payment
B) documentary collection
C) letter of credit
D) open account
Correct Answer:
Verified
Q61: Which of the following is a method
Q62: Which of the following is NOT a
Q63: Which of the following requires the importer
Q64: Which of the following allows the bank
Q65: Which of the following is a contract
Q70: Which of the following financing methods entails
Q71: Which of the following is a contractual
Q83: A _ joint venture is formed when
Q107: A document ordering the importer to pay
Q123: When an exporter ships merchandise and later
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