Multiple Choice
Johnson Goods,a U.S.company is exporting to Watanabe Trading,a Japanese importer.The two parties agree on a draft,but Watanabe Trading wants it to be a draft that allows for a delay in payment.Watanabe Trading is asking for a(n)
A) sight draft.
B) time draft.
C) bill of lading.
D) counterpurchase.
E) offset.
Correct Answer:
Verified
Correct Answer:
Verified
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