menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Business Law
  4. Exam
    Exam 7: Bank Collections and Letters of Credit
  5. Question
    A Bill of Exchange Is a Specialized Type of Non-Negotiable
Solved

A Bill of Exchange Is a Specialized Type of Non-Negotiable

Question 35

Question 35

True/False

A Bill of Exchange is a specialized type of non-negotiable instrument used to expedite payment in a documentary sale.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q30: Global MegaBank (GMB)issued an irrevocable letter of

Q31: If the issuing bank accepts documents that

Q32: The type of letter of credit issued

Q33: In the event that a discrepancy is

Q34: Seller receives a letter of credit from

Q36: A holder of a negotiable instrument cannot

Q37: In order to negotiate an order instrument,it

Q38: Government agencies in the U.S.are not allowed

Q39: A letter of credit is a contract

Q40: Under the UCP,the description of the goods

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines