True/False
An open account is a contract between the banks of a buyer and a seller that ensures payment from the buyer to the seller upon receipt of an export shipment.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Small Business Intermediaries (Scenario)<br>Mary's Mosaics is a
Q8: Which of the following represents outbound home-based
Q11: Which of the following foreign market entry
Q13: Which of the following is the LEAST
Q14: Licensing and franchising are typical examples of
Q15: In the _ stage of internationalization, a
Q16: Because of the risk involved in an
Q17: When government agencies cite statistics on trade
Q27: Which of the following is a characteristic
Q96: Trade fairs are not only excellent sites