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 B
No explanation has been provided for this answer.
Which of the following will not be stated in a Memorandum of Association ...
Which of the following is not an important reason for government ownership of industries? ...
The authorised capital of a company is also referred to as it's? ...
Which of the following is an objective of regional economic grouping? ...
A credit instrument which also serves as a legal tender is? ...
A group of musicians can come together to form a ...
After registration, a certificate of trading is usually issued to a ...
The person who undertakes any risk in insurance business is known as ...
A retailer sells his product at "Buy-two-take three" The sales promotion method referred t...