Select the One Term That Best Fits Each Definition

Multiple Choice

Select the one term that best fits each definition.
-A letter issued by a bank guaranteeing that a named individual or business will be paid a specified amount, provided stated conditions are met.

A) bill of lading
B) distribution of net income statement
C) exports
D) imports
E) letter of credit
F) liquidation of a partnership
G) partnership agreement
H) realization
I) time draft
J) trade acceptance