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Transactions Using _____ Involve, in Addition to a Seller and Buyer

Question 23

Multiple Choice

Transactions using _____ involve, in addition to a seller and buyer, an issuing bank in the buyer's country.

A) a bill of lading
B) a bill of exchange
C) an irrevocable promissory note
D) a negotiable instrument
E) an irrevocable letter of credit

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