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    Exam 5: The Documentary Sale and Terms of Trade
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    A Sale Made "CIF Foreign Port" Implies That the Terms
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A Sale Made "CIF Foreign Port" Implies That the Terms

Question 19

Question 19

Multiple Choice

A sale made "CIF foreign port" implies that the terms of the sale are:


A) Credit in foreign currency.
B) Cash against documents.
C) Credit against documents.
D) Settlement pending approval of goods.

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