Meredith Hires an Export Merchant to Help Expand Her Business

Multiple Choice

Meredith hires an export merchant to help expand her business internationally.After signing contracts with a foreign purchaser outlining the terms of sale and delivery,the exporter will send Meredith's merchandise when

A) Meredith's bank receives a letter of credit from the importer's bank.
B) it receives a letter of credit from Janet's bank.
C) its bank receives a draft from the importer's bank.
D) Meredith receives a bill of lading.
E) the ultimate consumer sends a bill of lading to the exporter's bank.