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    International Financial Management
  4. Exam
    Exam 19: Financing International Trade
  5. Question
    A Bill of Exchange Serves as a Receipt for Shipment
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A Bill of Exchange Serves as a Receipt for Shipment

Question 44

Question 44

True/False

A bill of exchange serves as a receipt for shipment and a summary of freight charges; most importantly, it conveys title to the merchandise.

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