A bank's undertaking to pay an exporter on behalf of ...
A bank's undertaking to pay an exporter on behalf of an importer is a?
documentary credit
letter of credit
letter of hypothecation
bill of exchange
Correct answer is D
No explanation has been provided for this answer.
Which of following could account for a favourable balance of payment? ...
The second tier security market is an example of ...
Which of the following organizations aim primarily at protecting the consumer? ...
Which of the following business must have at least one member with unlimited liability? ...
The business organization in which shareholder's have equal vote is ...
Del-credere commission is an? ...
An essential factor for evaluating the different sources of funds for a business is the? ...
Shares, bonds, stocks and debentures traded on the stock exchange are collectively called ...