Multiple Choice
On a consignment sale, the payment risk is:
A) assumed by the buyer.
B) assumed to be equally shared.
C) carried by the seller.
D) covered by insurance.
E) covered by the bank issuing the L/C.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: A shipper's export declaration (SED) includes:<br>A) names
Q80: Foreign trade zones are also called:<br>A) free
Q81: The U.S. Export-Import Bank (Ex-Im Bank) offers
Q82: CFR (cost and freight, foreign port) is
Q83: Responding to any demand rather than executing
Q84: Bills of lading are of two types:<br>A)
Q85: Ex-Works is a short way to say:<br>A)
Q87: On an open account, payment can be
Q88: Credit information is available for new exporters
Q89: The L/C sets up the bank as