menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Computing
  3. Study Set
    Electronic Commerce
  4. Exam
    Exam 10: Electronic Commerce Payment Systems
  5. Question
    With Letters of Credit,credit Risk Is Reduced Because Payment Is
Solved

With Letters of Credit,credit Risk Is Reduced Because Payment Is

Question 41

Question 41

True/False

With letters of credit,credit risk is reduced because payment is accessed via the credit worthiness of the issuing bank.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Regardless of the vendor's point of view,there

Q37: Basic configurations for processing online payments include

Q38: Smart cards that have erasable memory and

Q39: Payroll cards,government benefit cards,and prepaid debit cards

Q40: Credit cards,charge cards,and debit cards are three

Q42: The barrier to selling books online,either hardcopy

Q43: Key tools used in combating online fraud

Q44: In most cases,smart cards are more secure

Q45: Because of their visibility and large sales

Q46: _ are used for applications in which

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines