Multiple Choice
Which one of the following is NOTtrue when shipping goods under documentary time drafts for acceptance?
A) the exporter is extending credit to the importer
B) the exporter is relinquishing control of the goods in return for a signature on the acceptance to assure it of payment
C) the importer is no longer bound to pay the draft to the exporter
D) a bill of lading will be the most important document of the transaction
Correct Answer:

Verified
Correct Answer:
Verified
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Q18: Which one of the following is an
Q19: The document in international trade that may
Q20: Which of the following is <b><u>NOT</b></u> an
Q22: Which of the following does NOT accompany
Q23: Which of the following payment methods provides
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Q25: Which of the following payment methods provides
Q26: Which of the following is <b><u>NOT</b></u>an advantage