Multiple Choice
If a U.S.exporter is concerned about political and economic stability in the buyer's country,the exporter should request which of the following payment terms:
A) cash against documents.
B) irrevocable letter of credit.
C) confirmed letter of credit.
D) open account terms.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: Compare and contrast the holdings pertaining to
Q42: The obligations under the letter of credit
Q43: "Bill of exchange" and "international draft" are
Q44: The seller in a letter of credit
Q45: Bolero is a private company founded by
Q47: The Convention on Bills of Exchange as
Q48: Maurice O'Meara Co.v.National Park Bank of New
Q49: As a seller to a foreign market,assess
Q50: The issuing bank is required to pay
Q51: A documentary draft issued for the purchase